UBS Maintains Neutral on Loma Negra Cia Industria, Lowers Price Target to $6
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Alberto Valerio has maintained a Neutral rating on Loma Negra Cia Industria (NYSE:LOMA) and reduced the price target from $7.5 to $6.
November 16, 2023 | 6:24 pm
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UBS has maintained a Neutral rating on Loma Negra Cia Industria and lowered the price target from $7.5 to $6.
The reduction in price target by UBS suggests a downward revision of the company's valuation or expected performance, which could lead to a negative short-term impact on the stock price as investors adjust their expectations.
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