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CME Group Analyst Turns Bearish On 'Credible' Competitor's Market Entry: FMX Exchange's Partners Are 'Frustrated'
CMECME Group(CME) Benzinga·2024-06-21 15:16

Check out other analyst stock ratings. Loading... Shares of CME Group Inc CME tanked in early trading on Friday, on the heels of alleged insider selling. The CME Group Analyst: Kenneth Worthington downgraded the rating for CME Group from Neutral to Underweight, while reducing the price target from 206to206 to 187. "We think success will ultimately be determined by how liquidity develops over time and if FMX can win over the asset manager participants, which are likely CME's most sticky customers," Worthington ...