Morgan Stanley downgraded Holcim (HCMLY) to Equal Weight from Overweight with a CHF 101 price target The stock has rerated on the prospect of a peace deal in Ukraine driving rebuild demand, and has run ahead of the comapny’s fundamentals and earnings, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on HCMLY: