Citigroup Maintains Neutral on Core & Main, Raises Price Target to $34
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Anthony Pettinari has maintained a Neutral rating on Core & Main (NYSE:CNM) and raised the price target from $29 to $34.
July 14, 2023 | 3:48 pm
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NEUTRAL IMPACT
Citigroup has maintained a Neutral rating on Core & Main and raised the price target from $29 to $34.
The news is directly related to Core & Main (CNM). Citigroup's decision to maintain a Neutral rating indicates that they do not expect significant price movement in the short term. However, the increase in price target from $29 to $34 suggests a positive outlook in the longer term. This could potentially attract investors, but the immediate impact on the stock price is likely to be neutral.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100