Goldman Sachs Starts CEMEX (CX) at Neutral

Goldman Sachs analyst Bruno Amorim initiates coverage on CEMEX (NYSE: CX) with a Neutral rating and a price target of $5.50.

• Says name is a secular turnaround opportunity which is impacted by difficult macro environment and therefore comes out sidelined.

For an analyst ratings summary and ratings history on CEMEX click here. For more ratings news on CEMEX click here.

Shares of CEMEX closed at $4.97 yesterday.

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