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Fly News Breaks for January 24, 2019
HCMLY
Jan 24, 2019 | 06:25 EDT
UBS analyst Gregor Kuglitsch downgraded LafargeHolcim to Sell and lowered his price target for the shares to 43c francs from 47 francs. The company's premium valuation relative to peers is unjustified given its weaker outlook, particularly in Latin America and Africa, Kuglitsch tells investors in a research note.