Longbow Research Upgrades Cemex To Buy

Longbow Research upgraded Cemex SAB de CV (ADR) CX from Neutral to Buy. The price target for Cemex is set to $12. Cemex shares have dropped 22.90 percent over the past 52 weeks, while the S&P 500 index has surged 10.18 percent in the same period. Cemex shares fell 1.43 percent to close at $9.63 yesterday.