Walmart halts H-1B visa offers amid Trump’s $100,000 fee increase - Bloomberg
Investing.com - Kepler Cheuvreux initiated coverage on Amrize Ltd (AMRZ:SW) with a Buy rating and a price target of CHF50.00 on Tuesday.
The research firm’s coverage comes after Amrize , which represents Holcim’s former North American operations, has experienced underwhelming share price performance since its spin-off from Holcim in June.
Kepler Cheuvreux attributes the stock’s lackluster performance to several factors, including short-term infrastructure funding uncertainties, a delayed residential recovery, and U.S. construction sentiment losing ground compared to Europe.
The research firm also notes that U.S. domestic investors have limited familiarity with Amrize’s investment case, while European investors have been reducing their exposure to the company.
Holcim shares have significantly outperformed Amrize since the June spin-off, prompting Kepler Cheuvreux to examine the company’s earnings growth potential to determine an appropriate earnings multiple for the stock.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.