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Fly News Breaks for September 5, 2019
CRH
Sep 5, 2019 | 14:33 EDT
As previously reported, Goldman Sachs analyst Patrick Creuset downgraded CRH to Neutral from Buy. He lowered his price target on CRH shares to EUR33 from EUR34 as he cut his 2020-23 EPS estimates by 4% on average, while also noting that the relative valuation between CRH and its direct building materials peers has "diverged materially" following the stock's recent outperformance.
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