Citi opens ‘upside 30-day catalyst watch’ on Cemex

Citi analyst Andres Cardona has opened an "upside 30-day catalyst watch" on Cemex ahead of the company’s Q1 report, noting that the firm forecasts EBITDA of $710M, or about 10% ahead of the consensus. The firm has a Buy rating and $7 price target on Cemex shares.