RBC Capital Maintains Outperform on Cannae Holdings, Lowers Price Target to $27
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Kenneth Lee has maintained an 'Outperform' rating on Cannae Holdings (NYSE:CNNE) but lowered the price target from $28 to $27.
October 13, 2023 | 1:30 pm
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NEUTRAL IMPACT
Cannae Holdings' price target has been lowered from $28 to $27 by RBC Capital, though the 'Outperform' rating is maintained.
The news is directly about Cannae Holdings and is likely to influence investor sentiment. While the 'Outperform' rating is maintained, the lowering of the price target might indicate a slightly less optimistic outlook, potentially leading to mixed reactions in the market.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100