Bernstein initiated coverage of Holcim (HCMLY) with an Outperform rating and CHF 115 price target The firm launched coverage on European building materials, with a preference for the extremes. Bernstein prefers the commoditized, extremely localized heavy side due to their high pricing power. It also prefers the “differentiated end” of the light side spectrum, operating in efficient global markets, due to their market expansion potential and pricing power.
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 HCMLY: