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.
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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
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