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CME Group price target raised to $240 from $215 at Citi

Citi analyst Christopher Allen raised the firm’s price target on CME Group to $240 from $215 and keeps a Buy rating on the shares after meeting with management. The analyst came away “incrementally positive” given CME’s positioning to benefit from near-term and long-term tailwinds across the platform, but specifically in rates, energy and metals.

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