Roth MKM initiated coverage of Core Molding with a Buy rating and $24 price target. The analyst noted that shares sold off on a weaker guide for Q4, and the analyst believes this offers a “favorable entry point.” Roth added that while it takes a more conservative approach for its estimates given potential macro headwinds, the firm sees growth resuming in 2025 “based on ramping wins, with upside potential from accretive M&A.”
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