Citi raised the firm’s price target on Core & Main to $62 from $56 and keeps a Neutral rating on the shares. The company reported an in-line Q1 and reiterated its fiscal year outlook, the analyst tells investors in a research note. The firm says investor expectations were likely elevated into the print, driving the post-earnings pullback.
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Read More on CNM:
- Core & Main price target raised to $67 from $60 at RBC Capital
- Sell Rating for Core & Main Amid Margin Pressures and Market Uncertainties
- Core & Main price target raised to $68 from $63 at Loop Capital
- Core & Main price target raised to $65 from $60 at Wells Fargo
- Core & Main price target raised to $69 from $65 at Barclays
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