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CME Group price target lowered to $239 from $241 at BofA

BofA lowered the firm’s price target on CME Group (CME) to $239 from $241 and keeps an Underperform rating on the shares. The firm is updating EPS estimates to embed volume and fee rate disclosures and making modest modeling revisions ahead of U.S. exchange earnings over the next few weeks, the analyst tells investors in a preview for the group.

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