Berenberg analyst Harry Goad upgraded Titan Cement to Hold from Sell with a price target of EUR 17, up from EUR 12. The company’s first half of 2023 were “very strong” and well ahead of expectations, said the firm, which substantially rebased EBITDA forecasts up by 24% on average over 2023 through 2025.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>