Dow Rises More Than 100 Points; Korn Ferry Earnings Exceed Expectations
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 09 2025
0mins
Source: Benzinga
U.S. Stock Market Performance: U.S. stocks saw gains, with the Dow Jones up 0.33%, NASDAQ rising 0.20%, and S&P 500 increasing by 0.18%. Energy shares led the sectors with a 1.8% rise, while materials stocks fell by 1.5%.
Notable Company Earnings: Korn Ferry reported strong second-quarter earnings, exceeding analyst expectations, while CaliberCos Inc. shares surged 700% after acquiring Chainlink tokens. Conversely, Core & Main, Inc. shares dropped 23% due to mixed financial results.
Commodity Market Updates: Oil prices increased by 1.6% to $63.25, while gold rose 0.3%. Silver saw a decline of 1%, and copper experienced a slight increase of 0.1%.
Global Market Trends: European shares were mixed, with the STOXX 600 slightly down, while Asian markets closed mixed as well, with Japan's Nikkei 225 falling and Hong Kong's Hang Seng gaining.
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Analyst Views on CNM
Wall Street analysts forecast CNM stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CNM is 58.88 USD with a low forecast of 40.00 USD and a high forecast of 65.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
9 Analyst Rating
6 Buy
2 Hold
1 Sell
Moderate Buy
Current: 55.200
Low
40.00
Averages
58.88
High
65.00
Current: 55.200
Low
40.00
Averages
58.88
High
65.00
About CNM
Core & Main, Inc. specializes in advancing reliable infrastructure with local service, nationwide. The Company, as a specialty distributor with a focus on water, wastewater, storm drainage and fire protection products and related services, provides solutions to municipalities, private water companies and professional contractors across municipal, non-residential and residential end markets. With more than 370 locations across the United States, the Company provides its customers local expertise backed by a national supply chain. The Company also has operations in Canada. The Company’s products include pipes, valves, fittings, storm drainage products, fire protection products, meter products and other products. The Company complements its core products through additional offerings, including fusible high-density polyethylene (fusible HDPE) piping solutions, specifically engineered treatment plant products, geosynthetics and erosion control products.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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