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CME Group price target raised to $247 from $230 at Barclays

Barclays raised the firm’s price target on CME Group to $247 from $230 and keeps an Overweight rating on the shares. The analyst updated brokers, asset managers and exchange models for Q3 given the intra-quarter metrics. Volatility was quite low for most of the quarter, while share shifts and idiosyncratic events drove other changes, the analyst tells investors in a research note.

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