Goldman Sachs Upgrades Commercial Metals Company (CMC) to Neutral

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Goldman Sachs upgraded Commercial Metals Company (NYSE: CMC) from Sell to Neutral with a price target of $14.00 (from $12.50).

The firm said with recent underperformance, the stock is fairly valued.

For an analyst ratings summary and ratings history on Commercial Metals Company click here. For more ratings news on Commercial Metals Company click here.

Shares of Commercial Metals Company closed at $11.90 yesterday, with a 52 week range of $8.64-$16.48.

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