CME Group (CME) Tops Q2 EPS by 5c

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UBS Reiterates Buy on CME Group (CME) Following 2Q

July 29, 2016 8:48 AM EDT

UBS reiterated a Buy rating on CME Group (NASDAQ: CME), and raised the price target to $114.00 (from $104.00), following the company's 2Q earnings report. UBS raised FY16 EPS estimates to $4.42 from $4.32, and FY17 to $4.95 from $4.80.

Analyst Alex Kramm commented, "CME shares underperformed following its 2Q release,... More