BofA downgrades Amrize stock on growth concerns, cuts price target
BofA downgraded Amrize (NYSE:AMRZ) to Underperform, cutting its price target to $40 from $50. The firm cited growth concerns, including risks to U.S. cement prices, Canada macro conditions, and hurricane season impacts. Amrize's stock is down 30% year-to-date, trading at $37.25. Other analysts have also adjusted their price targets and ratings.
