Analyst Expectations For Core & Main's Future
Portfolio Pulse from Benzinga Insights
Analysts have recently adjusted their ratings and price targets for Core & Main (NYSE:CNM), reflecting a more cautious outlook. The average 12-month price target has decreased by 13.56% to $48.62. Despite positive financial metrics like revenue growth and strong profitability, analysts have lowered their expectations due to market conditions.
September 06, 2024 | 12:00 pm
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Core & Main has seen a decrease in analyst price targets, with the average target now at $48.62, down from $56.25. Analysts have lowered their ratings due to market conditions, despite the company's strong financial performance.
Analysts have lowered their ratings and price targets for Core & Main, indicating a more cautious outlook. The average price target has decreased by 13.56%, suggesting potential short-term downward pressure on the stock price. Despite positive financial metrics, the market conditions have led to a more conservative stance from analysts.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100