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Fly News Breaks for November 11, 2016
CMC
Nov 11, 2016 | 09:06 EDT
As noted earlier, DA Davidson downgraded Commercial Metals to Neutral from Buy. Analyst Brent Thielman downgraded the stock based on valuation. He believes that the company could benefit from increased infrastructure spending and curbs on steel imports due to the Trump administration's policies, but he warns that policy changes could harm its Polish mill and trading operations.
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