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The bear market in 2022 was a rough patch for billionaires around the world. Or at least, for their balance sheets.
UBS Downgrades America Movil to Neutral, Raises Price Target to $22.5
UBS analyst Leonardo Olmos downgrades America Movil (NYSE:AMX) from Buy to Neutral and raises the price target from $20.4 to $22.5.
4 Analysts Have This to Say About America Movil
Analysts have provided the following ratings for America Movil (NYSE:AMX) within the last quarter:
Earnings Scheduled For October 18, 2022
Companies Reporting Before The Bell
• Commerce Bancshares (NASDAQ:CBSH) is projected to report quarterly earnings at $1.03 per share on revenue of $383.31 million.
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The week of Oct. 17 is one of the busiest weeks for publicly traded companies reporting quarterly earnings.
UBS Upgrades America Movil to Buy, Lowers Price Target to $20.4
UBS analyst Leonardo Olmos upgrades America Movil (NYSE:AMX) from Neutral to Buy and lowers the price target from $20.5 to $20.4.
$1000 Invested In America Movil 20 Years Ago Would Be Worth This Much Today
America Movil (NYSE:AMX) has outperformed the market over the past 20 years by 3.37% on an annualized basis producing an average annual return of 11.2%. Currently, America Movil has a market capitalization of $61.92 billion.