BofA upgraded Loma Negra to Neutral from Underperform with a price target of $8.10, up from $7.10. The firm, which cites a macroeconomic “policy regime reset” and a potential economic recovery into 2025, says it is now “moderately optimistic” about the mid- to long-term macroeconomic outlook in Argentina as President Milei now holds the reins.
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