CMC Acquires Substantially all the Assets of MMFX Technologies Corporation

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Commercial Metals Company (CMC) PT Lowered to $24 at Jefferies Following 4Q Report

October 30, 2017 8:51 AM EDT

Jefferies lowered its price target on Commercial Metals Company (NYSE: CMC) to $24.00 (from $26.00) while maintaining a Buy rating following the company's 4Q report. CMC reported weaker than expected F4Q results. However, CMC's earnings and FCF remain on a strong upward trajectory... More