Citi analyst Anthony Pettinari raised the firm’s price target on Core & Main to $60 from $56 and keeps a Neutral rating on the shares. The firm updated estimates and targets in the homebuilding and building products group as part of its 2026 outlook. Citi continues to prefer heavy construction materials with exposure to infrastructure over the residential exposed names.
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Read More on CNM:
- Core & Main agrees to acquire Pioneer Supply, terms not disclosed
- Core & Main price target raised to $65 from $63 at Deutsche Bank
- Core & Main Faces Challenges: Sell Rating Amidst Declining EBITDA, Rising Costs, and Market Downturn
- Core & Main’s Mixed Earnings Call: Growth Amid Challenges
- Core & Main price target raised to $56 from $54 at Citi