RBC Capital downgraded CSL (CMXHF) to Sector Perform from Outperform with a price target of A$176, down from A$230. The company’s first-half results missed consensus forecasts for almost all group financial metrics, and while the management reaffirmed FY26 guidance, the underwhelming performance gives RBC doubts that CSL can achieve its short term and medium term targets, the analyst tells investors in a research note.
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