BMO Capital Upgrades Cincinnati Financial to Outperform, Announces $135 Price Target
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Michael Zaremski upgraded Cincinnati Financial (NASDAQ:CINF) from Market Perform to Outperform with a new price target of $135.

March 25, 2024 | 9:57 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Cincinnati Financial was upgraded by BMO Capital from Market Perform to Outperform with a price target of $135.
Upgrades by analysts, especially from Market Perform to Outperform, typically signal a positive outlook on the stock, suggesting potential outperformance in the market. The new price target of $135, significantly higher than its current trading price, indicates an expectation of strong growth or positive developments for Cincinnati Financial. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100