Truist Securities Maintains Hold on Core & Main, Lowers Price Target to $38
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Hold rating on Core & Main (NYSE:CNM) but has lowered the price target from $50 to $38.
September 05, 2024 | 2:00 pm
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Truist Securities has maintained a Hold rating on Core & Main but has lowered the price target from $50 to $38, indicating a more cautious outlook.
The lowering of the price target from $50 to $38 by Truist Securities suggests a less optimistic view on Core & Main's future performance. This could lead to a negative short-term impact on the stock price as investors may adjust their expectations.
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IMPORTANCE 80
RELEVANCE 100