America Movil shares are trading higher after Goldman Sachs upgraded the stock from Neutral to Buy and raised its price target from $21 to $22.
Portfolio Pulse from Benzinga Newsdesk
America Movil's stock is trading higher following an upgrade by Goldman Sachs from Neutral to Buy, with a raised price target from $21 to $22.
April 29, 2024 | 4:45 pm
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POSITIVE IMPACT
America Movil's stock received a positive outlook from Goldman Sachs, upgrading it to Buy and increasing the price target to $22.
The upgrade by Goldman Sachs to a Buy rating and the increase in price target to $22 are strong indicators of confidence in America Movil's future performance. This endorsement from a reputable financial institution is likely to positively influence investor sentiment and drive up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100