Coca-Cola Femsa price target raised to $91 from $77 at Barclays

Barclays raised the firm’s price target on Coca-Cola Femsa to $91 from $77 and keeps an Overweight rating on the shares. A supportive macro environment has helped Mexico outperform peers, the analyst tells investors in a research note. The impact from a recession in the U.S. remains a risk to consider, but at least for the early part of the year "we still expect positive results," says the firm.