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Jefferies Sticks to Its Buy Rating for Fomento Economico Mexicano (FMX)
Jefferies analyst reiterated a Buy rating on Fomento Economico Mexicano today and set a price target of $142.00.
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In addition to Jefferies, Fomento Economico Mexicano also received a Buy from TipRanks – OpenAI’s OpenAI Beverages – Alcoholic in a report issued on March 3. However, on the same day, Barclays maintained a Hold rating on Fomento Economico Mexicano (NYSE: FMX).
Based on Fomento Economico Mexicano’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $229.56 billion and a net profit of $8.52 billion. In comparison, last year the company earned a revenue of $216.39 billion and had a net profit of $7.05 billion
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