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BofA/Merrill Lynch Starts Commercial Metals Company (CMC) at Underperform

January 12, 2012 6:58 AM EST
Get Alerts CMC Hot Sheet
Price: $71.63 -0.69%

Rating Summary:
    13 Buy, 11 Hold, 1 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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BofA/Merrill Lynch initiates coverage on Commercial Metals Company (NYSE: CMC) with a Underperform saying shares will again trade on fundamentals after Carl Icahn dropped his proxy fight and $15/sh tender offer.

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 $13.88 yesterday.


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