Buzzi Unicem (OTCMKTS:BZZFF) Downgraded by Morgan Stanley to Underweight

Morgan Stanley lowered shares of Buzzi Unicem (OTCMKTS:BZZFF) from an equal weight rating to an underweight rating in a research note issued to investors on Friday morning, The Fly reports.

BZZFF opened at $15.98 on Friday.

Buzzi Unicem Company Profile

Buzzi Unicem SpA, together with its subsidiaries, manufactures, distributes, and sells cement, ready-mix concrete, and aggregates. The company has operations in Italy, the United States, Germany, Luxembourg, the Netherlands, Poland, the Czech Republic, Slovakia, Ukraine, Russia, Mexico, and Brazil. Buzzi Unicem SpA was founded in 1907 and is based in Casale Monferrato, Italy.

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The Fly

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