Anhui Conch Cement upgraded to Buy from Neutral at Goldman Sachs

Goldman Sachs upgraded Anhui Conch Cement (AHCHY) to Buy from Neutral with a price target of HK$27, up from HK$16.50. At the sector level, the firm revised its 2024-26 earnings forecasts based on updated price/margin assumptions for cement, aluminum/alumina, copper, coal, steel, and paper.

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