CIBC Initiates Coverage On RB Global with Outperformer Rating, Announces Price Target of $95
Portfolio Pulse from Benzinga Newsdesk
CIBC has initiated coverage on RB Global (NYSE:RBA) with an Outperformer rating and set a price target of $95.
June 18, 2024 | 8:55 pm
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CIBC has initiated coverage on RB Global with an Outperformer rating and set a price target of $95, indicating a positive outlook for the stock.
The initiation of coverage with an Outperformer rating and a price target of $95 by CIBC suggests a positive sentiment towards RB Global. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100