UBS Maintains Buy on America Movil, Lowers Price Target to $22.6
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Leonardo Olmos maintains a Buy rating on America Movil (NYSE:AMX) but lowers the price target from $23.3 to $22.6.
July 18, 2024 | 5:03 pm
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NEUTRAL IMPACT
UBS analyst Leonardo Olmos maintains a Buy rating on America Movil but lowers the price target from $23.3 to $22.6.
The Buy rating suggests continued confidence in America Movil's performance, but the lowered price target indicates a slightly less optimistic outlook. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100