5/30/25
On Friday, JPMorgan initiated coverage on Commercial Metals Company (NYSE:CMC) with a Neutral rating and a price target of $52.00. The firm’s analysis indicates that Commercial Metals is nearing the end of a significant capital expenditure cycle, which is expected to result in increased free cash flow and enhanced returns for shareholders
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Additionally, UBS has maintained its Neutral rating on CMC with a $49 price target, noting recent policy changes that could positively impact earnings momentum through 2025.
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