BofA analyst Carlos Peyrelongue raised the firm’s price target on Cemex (CX) to $10 from $8.60 and keeps a Neutral rating on the shares. The firm is rolling its target basis to year end 2026 and tweaking estimates, mainly for margins, volumes and forex, the analyst noted.
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.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CX: