Loop Capital Maintains Buy on Core & Main, Lowers Price Target to $52
Portfolio Pulse from Benzinga Newsdesk
Loop Capital has maintained a Buy rating on Core & Main (NYSE:CNM) but has lowered the price target from $64 to $52.
September 05, 2024 | 4:25 pm
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Loop Capital has maintained its Buy rating on Core & Main but reduced the price target from $64 to $52, indicating a more cautious outlook.
The maintenance of a Buy rating suggests continued confidence in Core & Main's prospects, but the lowered price target reflects a more cautious outlook, possibly due to market conditions or company performance. This mixed signal may result in neutral short-term price movement.
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IMPORTANCE 80
RELEVANCE 100