Wal-mart de Mexico S A B de C V (OTCMKTS:WMMVY) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research report issued on Sunday. The firm currently has a $29.00 price target on the stock. Zacks Investment Research‘s price target would indicate a potential upside of 14.31% from the company’s current price.
According to Zacks, “WAL-MART de Mexico-ADR operates 587 commercial units, including self-service stores, department, and restaurants. “
Separately, JPMorgan Chase & Co. lowered Wal-mart de Mexico S A B de C V from an “overweight” rating to a “neutral” rating in a report on Monday, November 27th.
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About Wal-mart de Mexico S A B de C V
Wal Mart de Mexico SAB de CV is a Mexico-based company engaged in operating self-service stores. The Company’s segments include Mexico and Central America. In Mexico, the Company operates through Self-service, which includes the operation of discount stores, hypermarkets, wholesale-price membership stores and supermarkets, and Others, which includes department stores and real estate transactions with third parties.
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