Form 8-K COMMERCIAL METALS Co For: Jun 23
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- Needham Starts NeoVolta (NEOV) at Buy
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Morgan Stanley Reiterates Equalweight Rating on Commercial Metals Company (CMC)
June 23, 2025 8:27 AM EDTMorgan Stanley analyst Piyush Sood reiterated an Equalweight rating and $53.00 price target on Commercial Metals Company (NYSE: CMC).
The analyst comments "3Q25 Highlights: Revenue of $2,020m was slightly below the Visible Alpha consensus of $2,047m but ahead of our estimate of $2,010m. The company's reported Core EBITDA of $204m missed the consensus of $221m and was below our estimate of $216m. Reported Adj. EPS of $0.74 was below consensus of $0.83 but and our estimate of $0.83. Key Takeaways: i) Cash from operations of $154m was just ahead... More

