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Deutsche upgrades CME to Buy on prediction market growth

Deutsche Bank analyst Brian Bedell upgraded CME Group (CME) to Buy from Hold with a price target of $300, up from $266, following the Q3 report. The firm believes CME’s organic growth initiatives, mainly within the prediction markets, will drive its earnings growth into the high single digits in 2026. Deutsche upped estimates post the earnings print and believes the stock’s multiple can improve.

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