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Benzinga
Benzinga
Business
Priya Nigam

INSANE: Bofa downgrades core main on what near term headwinds - The Real Truth

BofA BofA Securities CNM NYSE

Core & Main Inc (NYSE:CNM) is likely to be impacted by a minimal increase in spending in 2022 with delays in project starts, according to BofA Securities.

The Core & Main Analyst: Andrew Obin downgraded the rating for Core & Main from Neutral to Underperform, while reducing the price target from $31 to $25.

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