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Fly News Breaks for July 11, 2019
CMC
Jul 11, 2019 | 07:00 EDT
Deutsche Bank analyst Chris Terry last night downgraded Commercial Metals to Hold from Buy and lowered his price target for the shares to $18 from $22. The analyst cites valuation for the downgrade following the stock's outperformance relative to peers year-to-date. He believes shares are fairly valued at current levels.
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