Goldman Sachs Maintains Neutral on America Movil, Raises Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Diego Aragao has maintained a Neutral rating on America Movil (NYSE:AMX) and increased the price target from $19 to $20.
January 17, 2024 | 3:11 pm
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NEUTRAL IMPACT
Goldman Sachs maintains a Neutral rating on America Movil and raises the price target from $19 to $20.
The adjustment in price target by Goldman Sachs suggests a slightly more optimistic outlook on America Movil's valuation, but the maintenance of a Neutral rating indicates that the analyst does not see significant short-term movement. The new price target may lead to a modest positive sentiment among investors, but as it is not a rating upgrade, the impact is likely to be limited.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100