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Morgan Stanley Upgrades Fomento Economico To Overweight

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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

DateFirmActionFromTo
Dec 2020Morgan StanleyDowngradesOverweightEqual-Weight
Nov 2020Itau BBADowngradesOutperformMarket Perform
Jan 2020CitigroupUpgradesNeutralBuy

View More Analyst Ratings for FMX
View the Latest Analyst Ratings

 

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Posted-In: Morgan StanleyUpgrades Analyst Ratings

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