Goldman Sachs Maintains Neutral on Core & Main, Raises Price Target to $33
Portfolio Pulse from richadhand@benzinga.com
Goldman Sachs analyst Joe Ritchie maintains a Neutral rating on Core & Main (NYSE:CNM) and raises the price target from $30 to $33.

July 10, 2023 | 2:33 pm
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NEUTRAL IMPACT
Goldman Sachs maintains a Neutral rating on Core & Main and raises the price target from $30 to $33.
The news is directly about Core & Main (CNM). Goldman Sachs, a highly influential investment bank, has maintained a Neutral rating on the company, indicating that they do not expect significant price movement in the short term. However, they have raised the price target from $30 to $33, which could potentially lead to a slight increase in the stock price. The impact is neutral as the rating has not changed, but the raised price target could be seen as a positive signal by some investors.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100