BofA Downgrades Companies with Exposure to Mexico

American companies with Mexico exposure across various industries could get hit by Trump. It’s not the Mexican peso – which tanked 8% on Wednesday – alone that is facing the brunt of the Trump victory in the presidential race. Companies with significant business in Mexico are souring, too. Bank of America Merrill Lynch hit a clutch of auto parts makers led by Delphi (DLPH) with downgrades, besides lowering Constellation Brands (STZ) and Kansas City Southern (KSU). “Given the election results, and greater risk of change with respect to trade, and NAFTA in particular, we are taking all of our U.S….