BMO Capital Maintains Market Perform on Commercial Metals, Raises Price Target to $52
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Katja Jancic has maintained a 'Market Perform' rating on Commercial Metals (NYSE:CMC) and increased the price target from $50 to $52.
January 09, 2024 | 4:43 pm
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BMO Capital analyst Katja Jancic maintains a 'Market Perform' rating on Commercial Metals and raises the price target from $50 to $52.
The increase in price target by BMO Capital suggests a positive outlook on the stock's value, which could lead to a short-term increase in investor confidence and potentially raise the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100