Itau Unibanco downgrades Cemex SAB (CX) to a Hold
Itau Unibanco analyst Daniel Sasson downgraded Cemex SAB (CX – Research Report) to a Hold yesterday and set a price target of $7.50. The company's shares closed yesterday at $6.82.
Confident Investing Starts Here:
Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
According to TipRanks, Sasson is ranked #2546 out of 9564 analysts.
Cemex SAB has an analyst consensus of Hold, with a price target consensus of $7.31.
CX market cap is currently $10.3B and has a P/E ratio of 7.07.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Insider
an hour ago
- Business Insider
Cathie Wood Adds Elon Musk's Neuralink to ARK Fund as Trump Alliance Crumbles
ARKX just added Neuralink. Cathie Wood reposted it. And now the Musk- Trump feud has another wrinkle. Confident Investing Starts Here: On June 5, ARK Funds publicly announced that its ARK Venture Fund — ARKVX (ARKVX) — has invested in Neuralink, Elon Musk's brain-interface company, as part of its Series E funding round. The post, shared to X and reposted by Cathie Wood herself, ranks Neuralink as the fund's #2 holding, right behind SpaceX and ahead of OpenAI, xAI, and Anthropic. Neuralink is labeled 'NEW' on the portfolio chart. But what's not new is the growing friction between Elon Musk and Donald Trump. Support for Musk as Trump Turns Cold? Cathie Wood didn't say anything when she reposted ARK's announcement, but the timing is hard to ignore. The Trump-Musk split has dominated headlines for days, with Trump reportedly calling Musk 'crazy,' threatening to cut federal contracts, and even considering selling his red Tesla as a public break with the billionaire. At the same time, here's one of Musk's most high-profile supporters, Wood, amplifying news of her fund backing Neuralink, an Elon-run company often viewed as his most speculative moonshot. So, is this a portfolio move — or a power statement? It's worth noting that Neuralink's Series E round hasn't been officially disclosed in terms of size, valuation, or lead investor. But ARK's decision to highlight the company so prominently, especially in the top three alongside SpaceX and OpenAI, sends a message: they're still betting on Elon. The Holdings Breakdown SpaceX Neuralink (new) OpenAI xAI Hammerspace Anthropic Lambda Labs That's four Elon-affiliated ventures (SpaceX, Neuralink, xAI, and OpenAI — he was a co-founder) in the top seven. And they're ahead of Anthropic and Lambda Labs, two rising players in the AI arms race that often compete directly with Musk's initiatives. No one's saying Cathie Wood is choosing Musk over Trump. But with Neuralink now sitting in ARKVX's #2 slot — and with Wood herself boosting the news — the investment world may be saying plenty without a single word. Investors can track Elon Musk on TipRanks. Click on the image below to find out more.
Business Insider
an hour ago
- Business Insider
Leader Capital Markets Sticks to Its Buy Rating for Teva (TEVA)
In a report released today, Sabina Levi from Leader Capital Markets maintained a Buy rating on Teva (TEVA – Research Report), with a price target of ILA9,300.00. The company's shares closed last Thursday at ILA6,205.00. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter According to TipRanks, Levi is an analyst with an average return of -5.7% and a 0.00% success rate. Teva has an analyst consensus of Hold. TEVA market cap is currently ILs69.87B and has a P/E ratio of -14.31.
Business Insider
2 hours ago
- Business Insider
Fangdd Network Group Ltd (ADR) trading halted, news pending
19:50 EDT Fangdd Network (DUO) Group Ltd (ADR) trading halted, news pending Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
