Barclays upgraded Wal-Mart de Mexico (WMMVY) to Overweight from Equal Weight. The firm told investors in a research note on Friday that low valuations driven by higher risk premiums are explained by continued noise from President- elect Trump on Mexico and Canada. Barclays remains cautious but sees attractive fundamentals across the sector.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.