Arca Continental price target raised to MXN 250 from MXN 220 at Barclays

Barclays raised the firm’s price target on Arca Continental (EMBVF) to MXN 250 from MXN 220 and keeps an Equal Weight rating on the shares. The firm says “volatility and caution” on Mexican stocks is likely to prevail amid the U.S. tariffs.