B of A Securities Maintains Underperform on Core & Main, Lowers Price Target to $34
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Andrew Obin maintains an Underperform rating on Core & Main (NYSE:CNM) and lowers the price target from $38 to $34.
September 05, 2024 | 4:05 pm
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NEGATIVE IMPACT
B of A Securities has maintained an Underperform rating on Core & Main and reduced the price target from $38 to $34, indicating a bearish outlook.
The Underperform rating and reduced price target from a major financial institution like B of A Securities suggest a negative outlook on Core & Main's stock, likely leading to a short-term price decline.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100