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CME Group Upgraded to “Buy” at Stifel Nicolaus (CME)
12/1/2010 8:53:00 AM
Futures exchange operator CME Group Inc. ( CME ) on Wednesday caught an upgrade from analysts at Stifel Nicolaus.
The firm said it boosted its rating on CME from "Hold" to "Buy" on a valuation call. Stifel Nicolaus currently has a $330 price target on CME, which implies a 15% upside to the stock's Tuesday closing price of $288.06.
CME Group shares rose $4.17, or +1.5%, in premarket trading Wednesday.
The Bottom Line
CME Group Inc. ( CME ) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.3 out of 5 stars.