Cemex upgraded to Outperform from Neutral at Bradesco BBI
The upgrade and target premium are positive, but remain an analyst’s assessment.
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The upgrade and target premium are positive, but remain an analyst’s assessment.
What happened, with direct paths to the underlying reporting
Bradesco BBI upgraded Cemex from Neutral to Outperform and set a $14 target, about 33% above the posted price of $10.52. The rating upgrade gives this update a clear bullish direction.
Target: $14
Posted price: $10.52
Analyst firm: Bradesco
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