Citi Opens 30-Day Upside Catalyst Watch on Cmmercial Metals Company (CMC)

Citi analyst Alexander Hacking reiterated a Neutral rating and $56.00 price target on Commercial Metals Company (NYSE: CMC) but opened a 30-day upside catalyst watch.

The analyst commented, "Upcoming earnings commentary from NUE and STLD could boost sentiment on the construction steel outlook in 2024."

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 $51.83 yesterday.

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