Cemex price target raised to $10.90 from $8.10 at Scotiabank

Scotiabank raised the firm’s price target on Cemex (CX) to $10.90 from $8.10 and keeps an Outperform rating on the shares. The firm sees Cemex as the most likely to post major gains among stocks under its coverage in the LatAm Cement & Construction sector, the analyst tells investors.