Wells Fargo Lowers Core & Main Price Target to $55 Amid Rating Actions by Analysts

Wells Fargo lowers its price target for Core & Main (CNM) to $55 from $60, maintaining its "Overweight" rating. Core & Main has undergone several rating actions in recent months, with analysts adjusting their price targets. The company is a leading specialty distributor of water, wastewater, storm drainage, and fire protection products. The average one-year price target for CNM is $59.88, with an upside of 20.57% from the current price.