started · updated
Wall Street Zen upgrades Core & Main and Arrow Electronics stocks
Wall Street Zen raised its rating on Core & Main (NYSE:CNM) from "hold" to "buy" in a research report issued on Saturday. The upgrade follows other analysts' mixed views, with a consensus moderate‑buy rating and a target price of $57.73. Core & Main shares opened at $43.69, trading near their 50‑day average.
The same analyst firm also upgraded Arrow Electronics (NYSE:ARW) from "buy" to "strong‑buy" in a Saturday report. Arrow Electronics has a consensus moderate‑buy rating with an average price target of $222.00. The stock opened at $212.09, close to its 50‑day average, after reporting quarterly earnings of $5.22 per share, well above expectations.