Argus raised the firm’s price target on CME Group (CME) to $308 from $285 and keeps a Buy rating on the shares. The firm sees further growth in interest-rate contract volume at CME as inflation fears, tariffs, and geopolitical concerns are at the forefront, the analyst tells investors in a research note. Argus adds that it expects higher volume for equity index, agricultural, cryptocurrency, and micro contracts for retail investors, and also to see CME maintain strong cost controls.
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