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Commercial Metals (CMC) Declares $0.12 Quarterly Dividend; 2.6% Yield

Go back to Commercial Metals (CMC) Declares $0.12 Quarterly Dividend; 2.6% Yield

Commercial Metals Company (CMC) PT Raised to $20 at BofA/Merrill Lynch on 3Q Beat; 'Bullish on Demand, but Import Pressure Remains Intense'

June 23, 2017 9:11 AM EDT

BofA/Merrill Lynch raised its price target on Commercial Metals Company (NYSE: CMC) to $20.00 (from $19.00) while maintaining a Neutral rating, following the company's third quarter earnings report.

Analyst PT Luther notes the company delivered third quarter earnings and revenue results above consensus projections driven... More