Citi analyst Ephrem Ravi upgraded Holcim (HCMLY) to Buy from Neutral with an CHF 80 price target The firm, which expects near-term cement pricing in Europe to remain intact, thinks the recent selloff in shares has been “overdone.”
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- Holcim downgraded to Neutral from Buy at Goldman Sachs
- Holcim price target raised to CHF 80 from CHF 75 at Citi