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Morgan Stanley Downgrades Fomento Economico to "Equal-Weight," Lowering Price Target to $97
ByAinvest
Thursday, Aug 21, 2025 11:30 pm ET1min read
Morgan Stanley downgraded Fomento Economico (FMX) from "Overweight" to "Equal-Weight", lowering its price target from $132.00 to $97.00, a 26.52% decrease. Analyst Ricardo Alves cited a more cautious approach towards the company's market performance. FMX's average brokerage recommendation is 2.4, indicating "Outperform" status, and its estimated GF Value for one year is $136.35, suggesting a 59.83% upside from the current price.
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