JP Morgan Maintains Overweight on Cemex, Raises Price Target to $9
Portfolio Pulse from richadhand@benzinga.com
JP Morgan analyst Adrian Huerta maintains an Overweight rating on Cemex (NYSE:CX) and raises the price target from $8 to $9.
July 28, 2023 | 2:26 pm
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POSITIVE IMPACT
JP Morgan maintains an Overweight rating on Cemex and raises the price target from $8 to $9, indicating a positive outlook for the company.
The raised price target by JP Morgan indicates a positive outlook for Cemex. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100