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Fly News Breaks for October 31, 2016
CMC
Oct 31, 2016 | 07:53 EDT
As previously reported, Macquarie downgraded Commercial Metals to Neutral from Outperform and lowered its price target to $18 from $19. Analyst Aldo Mazzaferro believes shares will remain range bound until earnings improve following the cautious Q4 report and guidance.
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