LafargeHolcim: UBS upgrades 'sell' rating

(CercleFinance.com) - UBS has upgraded its "sell" rating on the LafargeHolcim share, now adopting a "neutral" stance, having raised its corresponding target price from 44.
5 Swiss francs to 48 Swiss francs, which suggests 3% downside potential for the share of the Franco-Swiss cement maker.

The broker underlines that asset disposals reduce risk and downside. "There are still cyclical risks but overall risk/reward better than we previously thought," it continues.


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