UBS Downgrades Loma Negra Cia Industria to Sell, Lowers Price Target to $5
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Alberto Valerio downgraded Loma Negra Cia Industria (LOMA) from Neutral to Sell and reduced the price target from $6 to $5.
April 04, 2024 | 7:04 pm
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UBS analyst Alberto Valerio downgraded Loma Negra Cia Industria from Neutral to Sell and lowered the price target from $6 to $5.
The downgrade from Neutral to Sell by a major financial institution like UBS, accompanied by a reduction in the price target, suggests a negative outlook for Loma Negra Cia Industria's stock. This is likely to influence investor sentiment negatively in the short term, leading to a potential decrease in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100