Core & Main

CNM

Market cap $10.2B

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?

Core & Main (CNM) concluded the recent trading session at $54.63, signifying a -3.12% move from its prior day's close.

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.

Core & Main (CNM) closed the most recent trading day at $57.83, moving +1.96% from the previous trading session.

ST. LOUIS--(BUSINESS WIRE)--Core & Main has closed its previously announced acquisition of Pioneer Supply, a distributor of water, wastewater and storm drainage products.

January momentum looks intact as HOOD, MDB, IOT, CIEN and CNM stand out after December's mixed finish.

From a technical perspective, Core & Main (CNM) is looking like an interesting pick, as it just reached a key level of support. CNM recently overtook the 200-day moving average, and this suggests a long-term bullish trend.

ST. LOUIS--(BUSINESS WIRE)--Core & Main has entered into a definitive agreement to acquire Pioneer Supply, a distributor of water, wastewater and storm drainage products.

Core & Main (CNM) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Core & Main (CNM) is well positioned to outperform the market, as it exhibits above-average growth in financials.