Morgan Stanley analyst Carlos De Alba raised the firm’s price target on Commercial Metals (CMC) to $57.50 from $53 and keeps an Equal Weight rating on the shares after updating estimates to include the latest company guidance following Q3 earnings.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CMC:
- U.S. Tariffs Pose Financial Risks for Commercial Metals Amid Global Trade Uncertainty
- Commercial Metals price target lowered to $55 from $57 at BMO Capital
- Buy Recommendation for Commercial Metals Company Driven by Anticipated Q4’25 Earnings Growth and Strategic Initiatives
- Commercial Metals Company Reports Strong Q3 2025 Results
- Commercial Metals (CMC) Earnings Call Highlights Growth Amid Challenges