TMX Group price target lowered to C$58 from C$68 at Barclays

Barclays analyst Benjamin Budish lowered the firm’s price target on TMX Group (TMXXF) to C$58 from C$68 and keeps an Equal Weight rating on the shares as part of a Q3 earnings preview for the exchanges. Volumes across the futures grew quarter-over-quarter amid lower volatility while options saw “nice growth,” the analyst tells investors in a research note. Barclays doe snot expect too many surprises with the Q3 reports.