UPDATE: Jefferies & Company Reiterates Buy Rating, Raises PT on Cemex

In a report published Wednesday, Jefferies & Company reiterated its Buy rating on Cemex (NYSE: CX ), and raised its price target from $9.70 to $13.00. Jefferies & Company noted, “We are increasing our target prices for six of the global cement companies; Buzzi Unicem (+€3.4 on the Ordinaries to