Goldman Sachs Maintains Neutral on Core & Main, Raises Price Target to $38
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Joe Ritchie has maintained a Neutral rating on Core & Main (NYSE:CNM) and increased the price target from $34 to $38.

December 07, 2023 | 2:40 pm
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POSITIVE IMPACT
Goldman Sachs maintains a Neutral rating on Core & Main and raises the price target to $38, indicating a potential upside from the previous target.
The increase in price target by a prominent analyst like Joe Ritchie from Goldman Sachs suggests a positive outlook on the company's valuation, which could lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100