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CME Group price target raised to $362 from $340 at Morgan Stanley

Morgan Stanley raised the firm’s price target on CME Group (CME) to $362 from $340 and keeps an Overweight rating on the shares. Better Q1 earnings for brokers and exchanges should modestly beat consensus, but the firm sees modest forward estimate risk and notes in a preview for the group that its forecasts for the group are now 4%-5% below consensus in 2026-27 on average.

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