Truist Securities Maintains Hold on Core & Main, Raises Price Target to $29
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Keith Hughes maintains a Hold rating on Core & Main (NYSE:CNM) and raises the price target from $24 to $29.

June 08, 2023 | 2:06 pm
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Truist Securities maintains a Hold rating on Core & Main and raises the price target from $24 to $29.
The news directly mentions Core & Main (CNM) and the analyst's decision to maintain a Hold rating while raising the price target from $24 to $29. This may indicate a positive outlook for the company, but the Hold rating suggests that the analyst does not expect significant short-term price movement. Therefore, the short-term impact on CNM's stock price is neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100