Goldman Sachs Upgrades America Movil to Buy, Raises Price Target to $22
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Vitor Tomita upgraded America Movil (NYSE:AMX) from Neutral to Buy and increased the price target from $21 to $22.
April 29, 2024 | 9:19 am
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Goldman Sachs upgraded America Movil to Buy and raised the price target to $22.
The upgrade from Neutral to Buy by a prominent analyst at Goldman Sachs, along with an increased price target, suggests a positive outlook on America Movil's stock. This endorsement is likely to instill confidence in investors, potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100