Scotiabank Maintains Sector Perform on America Movil, Lowers Price Target to $18.9
Portfolio Pulse from Benzinga Newsdesk
Scotiabank analyst Andres Coello maintains a Sector Perform rating on America Movil (NYSE:AMX) but lowers the price target from $19 to $18.9.
July 17, 2024 | 9:22 pm
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NEUTRAL IMPACT
Scotiabank analyst Andres Coello maintains a Sector Perform rating on America Movil but lowers the price target from $19 to $18.9.
The maintenance of the Sector Perform rating suggests a neutral outlook, while the slight reduction in the price target indicates a minor negative adjustment in expectations. This is likely to have a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100