Cemex shares are trading higher after JP Morgan maintained an Overweight rating on the stock and raised its price target from $8 to $9.
Portfolio Pulse from Benzinga Newsdesk
JP Morgan has maintained an Overweight rating on Cemex's stock and increased its price target from $8 to $9. This has led to a rise in Cemex's share price.

July 28, 2023 | 4:03 pm
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Cemex's stock is trading higher after JP Morgan maintained an Overweight rating and raised its price target from $8 to $9.
The increase in Cemex's share price is directly linked to JP Morgan's decision to maintain an Overweight rating on the stock and raise its price target. This indicates a positive outlook for the company, which is likely to attract more investors, leading to a rise in the stock price.
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IMPORTANCE 80
RELEVANCE 100