Truist Securities Maintains Hold on Core & Main, Raises Price Target to $38
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Keith Hughes has maintained a Hold rating on Core & Main (NYSE:CNM) and increased the price target from $30 to $38.
December 08, 2023 | 5:25 pm
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Truist Securities reaffirmed a Hold rating on Core & Main, while raising the price target from $30 to $38, indicating a positive outlook on the stock's value.
The increase in price target by Truist Securities suggests an improved valuation of Core & Main, which could lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100