HSBC downgraded Fomento Economico Mexicano SAB (ADR) FMX from Buy to Reduce.
The price target for Fomento Economico has been lowered to $86.00.
Fomento Economico shares have gained 0.86 percent over the past 52 weeks, while the S&P 500 index has surged 11.87 percent in the same period.
Fomento Economico shares closed at $93.10 on Friday.
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