Barclays raised the firm’s price target on Becle (BCCLF) to MXN 28 from MXN 26 and keeps an Equal Weight rating on the shares. The Q3 results for the Mexico consumer names displayed a continuation of softer consumer trends as well as the emergence of higher financing costs and operating pressure, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BCCLF: