Barclays Maintains Overweight on Core & Main, Raises Price Target to $49
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Matthew Bouley has maintained an Overweight rating on Core & Main (NYSE:CNM) and increased the price target from $38 to $49, indicating a positive outlook on the company's stock.
December 08, 2023 | 2:58 pm
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Barclays analyst Matthew Bouley has reaffirmed Core & Main's Overweight rating and raised the price target to $49, suggesting confidence in the company's future performance.
The increase in price target by Barclays reflects a bullish stance on Core & Main's stock, likely due to positive developments or expectations of strong performance. This can lead to increased investor confidence and potential short-term price appreciation.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100