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Amrize initiated with a Neutral at UBS

UBS initiated coverage of Amrize (AMRZ) with a Neutral rating and $53 price target The company offers attractive growth potential over the medium-term but short-term headwinds persist, the analyst tells investors in a research note. The firm says key investor debate is what multiple Amrize should fundamentally trade on. It sees limited upside from current share levels.

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