Morgan Stanley Upgrades Fomento Economico To Overweight
Analysts at Morgan Stanley upgraded Fomento Economico Mexicano SAB (ADR) (NYSE: FMX) from Equal-weight to Overweight.
The price target for Fomento Economico is set to $106.
Fomento Economico shares have dropped 1.67 percent over the past 52 weeks, while the S&P 500 index has surged 12.61 percent in the same period.
Fomento Economico shares jumped 0.12 percent to close at $96.56 on Friday.
Latest Ratings for FMX
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Dec 2020 | Morgan Stanley | Downgrades | Overweight | Equal-Weight |
| Nov 2020 | Itau BBA | Downgrades | Outperform | Market Perform |
| Jan 2020 | Citigroup | Upgrades | Neutral | Buy |
View More Analyst Ratings for FMX
View the Latest Analyst Ratings
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