Since hitting a low of $19.65 on April 5, shares of Commercial Metals Company CMC have gained about 23 percent, prompting Bank of America Merrill Lynch to revisit its rating on the equity. Analyst Timna Tanners downgraded Commercial Metals from Neutral to Underperform and lowered the price target from $24 to $23. SourceThere is a breakout of the rising channel, so we can expect some downside. However, some consolidation seems like a more possible scenario due to stochastics. $CMC, Commercial Metals Company / D