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Wells downgrades CRH to Equal Weight on public-spending concerns

As previously reported, Wells Fargo downgraded CRH (CRH) to Equal Weight from Overweight with a price target of $138, up from $133. Heading into 2026, the firm is downgraded four names and upgrading one in the construction materials, mining, special metals and steel, to express caution on public infrastructure and commodity price momentum after a strong month.

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