Yahoo Finance

Barclays analyst Benjamin Theurer upgraded Gruma (GPAGF) to Overweight from Equal Weight. The firm told investors in a research note on Friday that low valuations driven by higher risk premiums are explained by continued noise from President- elect Trump on Mexico and Canada. Barclays remains cautious but sees attractive fundamentals across the sector.

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• Gruma Reports Modest EBITDA Growth Amid Sales Decline