B of A Securities Maintains Buy on Commercial Metals, Lowers Price Target to $69
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Lawson Winder maintains a Buy rating on Commercial Metals (NYSE:CMC) but lowers the price target from $70 to $69.
June 26, 2024 | 4:33 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
B of A Securities analyst Lawson Winder maintains a Buy rating on Commercial Metals but lowers the price target from $70 to $69.
The Buy rating suggests continued confidence in the stock, but the slight reduction in the price target indicates a minor adjustment in expectations. This is likely to have a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100