Baird lowered the firm’s price target on Core & Main to $65 from $66 and keeps an Outperform rating on the shares. The firm updated its model following Q4 results where there were no surprises to both results and outlook. Core & Main remanins a top idea.
Don’t Miss TipRanks’ Half Year Sale
- Take advantage of TipRanks Premium for 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 CNM:
- Core & Main Faces Financial Challenges Amid Leadership Changes and Market Pressures, Analyst Recommends Sell
- Core & Main Reports Strong Sales Growth Amid Challenges
- Core & Main CEO Steve LeClair to transition to chair, Mark Witkowski to succeed
- Core & Main reports Q4 EPS 33c, consensus 36c
- Core & Main sees FY25 revenue $7.6B-$7.8B, consensus $7.42B