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0.000560224089635982 -0.000448179271708594 0.0011204481792718 0 0.00235294117647068 0.00201680672268915 -0.00078431372549012 -0.00168067226890747
Stock impact report

Cemex cut at Credit Suisse, J.P. Morgan on weak building outlook [Seeking Alpha]

JP Morgan Chase & Co. (JPM) 
Last jp morgan chase & co. earnings: 4/14 06:43 am Check Earnings Report
Company Research Source: Seeking Alpha
On the MoveCemex cut at Credit Suisse, J.P. Morgan on weak building outlookApr. 6, 2020 3:59 PM ET|CEMEX, S.A.B. de C.V. (CX)Carl SurranCemex (+11.8%Credit Suisse cuts its rating to Neutral from Outperform and price target to $2.10 from $6.70, seeing "a far more challenging outlook in terms of [free cash flow] generation as a result of production shutdowns, uncertain timing for construction activity to restart, and low demand due to the impact on the economy and personal disposable income as a result of the Covid-19 crisis."J.P. Morgan downgrades Cemex to Neutral from Overweight, saying it could take "at least until October to start to see positive signals that could make us more comfortable with this year's expectations and the expected recovery," and investors likely find many other opportunities that could offer an attractive return with greater visibility.See all stocks on the move »Now read:U.K.'s Boris Johnson is moved to intensive care » Show less Read more
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