RBC Capital initiated coverage of TMX Group (TMXXF) with an Outperform rating and C$66 price target A continued favorable mix shift towards recurring, high growth revenue should drive a higher multiple over time, the analyst tells investors in a research note.
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Read More on TMXXF:
- TMX Group upgraded to Outperform from Sector Perform at Scotiabank
- TMX Group price target raised to C$58 from C$57 at TD Securities
- TMX Group price target raised to C$62 from C$61 at BMO Capital
- TMX Group price target raised to C$60 from C$58 at Barclays
- TMX Group Reports Strong Revenue Growth Amid Challenges