HSBC Downgrades Fomento Economico To Reduce

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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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Posted In: DowngradesAnalyst RatingsHSBC
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