Goldman Sachs Maintains Neutral on Core & Main, Lowers Price Target to $50
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Joe Ritchie has maintained a Neutral rating on Core & Main (NYSE:CNM) while lowering the price target from $57 to $50.
September 06, 2024 | 11:41 am
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Goldman Sachs has maintained a Neutral rating on Core & Main, but lowered the price target from $57 to $50, indicating a less optimistic outlook.
The lowering of the price target by Goldman Sachs suggests a less optimistic view on Core & Main's future performance, which could lead to a short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100