RBC Capital Initiates Coverage On CME Gr with Sector Perform Rating, Announces Price Target of $235
Portfolio Pulse from Benzinga Newsdesk
RBC Capital has initiated coverage on CME Group with a Sector Perform rating and set a price target of $235.
September 27, 2024 | 10:05 am
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NEUTRAL IMPACT
RBC Capital has initiated coverage on CME Group with a Sector Perform rating and a price target of $235, indicating a neutral outlook.
The Sector Perform rating suggests that RBC Capital expects CME Group's stock to perform in line with the market. The price target of $235 provides a specific valuation expectation, which is crucial for investors. However, the neutral rating implies no significant short-term price movement is expected.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100