CME Group Analysts Increase Their Forecasts After Upbeat Earnings


20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


CME Group Inc (NASDAQ:CME) reported better-than-expected earnings for the third quarter.

CME Group reported quarterly revenue of $1.338 billion, slightly missing the consensus of $1.342 billion. Adjusted EPS of $2.25 surpassed the estimate of $2.22.

CME Group shares rose 0.9% to trade at $216.03 on Thursday.

These analysts made changes to their price targets on CME Group following earnings announcement.

  • Barclays cut the price target on CME Group from $247 to $244. Barclays analyst Jeremy Campbell maintained an Overweight rating.
  • Rosenblatt raised the price target on CME Group from $173 to $180. Rosenblatt analyst Andrew Bond maintained a Sell rating on the stock.
  • Morgan Stanley lifted the price target on CME Group from $215 to $220. Morgan Stanley analyst Mike Cyprys maintained an Equal-Weight rating.

Also Check This Out: Kimberly-Clark, Roblox And 2 Other Stocks Insiders Are Selling


20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


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Posted In: EarningsNewsPrice TargetIntraday UpdateMarketsAnalyst RatingsTrading IdeasPT Changes