Commercial Metals (CMC) has disclosed a new risk, in the Capital Markets category.
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The imposition of enhanced U.S. tariffs and other trade barriers poses a significant risk to Commercial Metals, as it could lead to a downturn in global economic conditions and financial markets. The uncertainty surrounding U.S. trade policies, particularly with countries like China, Mexico, and Canada, may indirectly affect the company’s sales by impacting its customers’ businesses. The potential for retaliatory tariffs and the fluctuating nature of these trade measures could result in increased operational costs and reduced demand for the company’s products. While the current impact on Commercial Metals has been limited, the unpredictability of future tariffs remains a material concern for its financial performance.
The average CMC stock price target is $53.29, implying 6.47% upside potential.
To learn more about Commercial Metals’ risk factors, click here.