Share

Stock market, Buzzi Unicem collapses after Ubs downgrade

The shares of the construction company travel at the bottom of the Ftse Mib after the downgrading by Ubs, which cut the recommendation on the title from "buy" to "neutral".

Stock market, Buzzi Unicem collapses after Ubs downgrade

A day of passion in Piazza Affari for the title of Buzzi Unicem, which at the end of the morning yields around four points, behind the Ftse Mib. 

The selling on the construction company's stock was triggered by UBS, which cut its recommendation on the stock from "buy" to "neutral". Yesterday, however, Buzzi had been promoted from "underweight" to "equalweight" by Morgan Stanley. 

comments