Jefferies Initiates Coverage On Commercial Metals with Buy Rating, Announces Price Target of $65
Portfolio Pulse from Benzinga Newsdesk
Jefferies has initiated coverage on Commercial Metals (NYSE:CMC) with a Buy rating and set a price target of $65.
September 03, 2024 | 12:38 pm
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POSITIVE IMPACT
Jefferies has initiated coverage on Commercial Metals with a Buy rating and a price target of $65, indicating a positive outlook for the stock.
The initiation of coverage with a Buy rating and a specific price target by a reputable firm like Jefferies is likely to positively influence investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100