Commercial Metals (CMC) Misses Q3 EPS by 4c, Revenues Beat

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BofA Securities Reiterates Buy Rating on Commercial Metals Company (CMC)

June 21, 2024 5:39 AM EDT

BofA Securities analyst Lawson Winder reiterated a Buy rating and $70.00 price target on Commercial Metals Company (NYSE: CMC).

The analyst comments "Commercial Metals (CMC) fiscal year (FY) Q324 adjusted (core) EBITDA was in-line with Bloomberg consensus and BofAe, and modestly above Visible Alpha (VA) consensus. North America (NA) steel segment... More