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Fly News Breaks for January 29, 2016
CX
Jan 29, 2016 | 06:34 EDT
Jefferies analyst Mike Betts upgraded CEMEX to Buy saying the stock has fallen by more than is justified by the weakness in the Mexican Peso. The analyst sees "substantial" recovery potential in the U.S. for the company. He lowered his price target for the shares to $7 from $8.
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