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Holcim: in the green with broker upgrade

( - Holcim gains nearly 1% in Zurich, helped by comments from Oddo BHF, which raises its opinion on the building materials group's stock from 'neutral' to 'outperform', with a price target raised from CHF 73 to CHF 95.

The research firm justifies its upgrade by the update of market data and the inclusion in the beta of the spin-off of North American activities, an operation which, in its view, will undoubtedly unlock value in the medium term.

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