AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
JPMorgan has raised its price target for Commercial Metals (CMC) to $54 from $52, maintaining a Neutral rating. Analysts attribute the increase to steel prices and the Trump administration's emphasis on protectionism and national security, which is prompting a valuation premium for U.S. mills. The average brokerage recommendation is 2.6, indicating a "Hold" status.

Daily stocks & crypto headlines, free to your inbox
Comments
No comments yet