The Analyst Verdict: Core & Main In The Eyes Of 10 Experts
Portfolio Pulse from Benzinga Insights
Over the past three months, 10 analysts have evaluated Core & Main (NYSE:CNM), with a mix of bullish, somewhat bullish, and indifferent ratings. The average 12-month price target has increased by 12.65% to $57.7. Key analysts have adjusted their ratings and price targets, reflecting their evolving views on the company's performance. Core & Main is a specialty distributor in the water, wastewater, storm drainage, and fire protection sectors, with notable revenue growth but challenges in profitability and returns.
June 05, 2024 | 2:00 pm
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POSITIVE IMPACT
Core & Main (NYSE:CNM) has received mixed analyst ratings over the past three months, with an average price target increase of 12.65% to $57.7. Key analysts have adjusted their ratings and price targets, reflecting their evolving views on the company's performance. Despite revenue growth, the company faces challenges in profitability and returns.
The increase in the average price target and the adjustments in ratings by key analysts suggest a positive short-term outlook for Core & Main. However, the company's challenges in profitability and returns may temper this optimism.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100