Goldman Sachs Maintains Neutral on Core & Main, Raises Price Target to $42
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 $38 to $42.
December 14, 2023 | 1:40 pm
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POSITIVE IMPACT
Goldman Sachs maintains a Neutral rating on Core & Main and raises the price target from $38 to $42.
The increase in price target by a reputable analyst like Goldman Sachs suggests a positive outlook on the company's valuation, which could lead to a short-term increase in investor confidence and potentially a rise in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100