Goldman Sachs upgraded Anhui Conch Cement (AHCHY) to Buy from Neutral with a price target of HK$27, up from HK$16.50. At the sector level, the firm revised its 2024-26 earnings forecasts based on updated price/margin assumptions for cement, aluminum/alumina, copper, coal, steel, and paper.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AHCHY: