Femsa Recommendation Is Lowered to `Hold' From `Buy' at Banco Santander
Fomento Economico Mexicano SAB was cut to “hold” from “buy” at Banco Santander SA. The brokerage has a 2011 estimate of $61 for the company’s American depository receipts, according to a report by analysts led by Luis Miranda.
To contact the reporter on this story: Shiyin Chen in Singapore at email@example.com
To contact the editor responsible for this story: Reinie Booysen at firstname.lastname@example.org