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Benzinga

Business

Priya Nigam

Commercial Metals Guides To Earnings Improvement, Analyst Raises Estimate For Q4

Commercial Metals CMC JPMorgan Bill Peterson

commercial_metals_shutterstock_2567962743

Commercial Metals Co (NYSE:CMC) reported its fiscal third quarter adjusted EBITDA short of expectations but guided to improved earnings across segments, according to JPMorgan.

The Commercial Metals Analyst: Analyst Bill Peterson reiterated a Neutral rating with a price target of $52.

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