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Fly News Breaks for December 9, 2015
CME
Dec 9, 2015 | 07:10 EDT
RBC Capital analyst Peter Lenardos initiated CME Group with an Underperform rating and $83 price target on shares. Lenardos disagrees with the consensus view that volumes will grow meaningfully in anticipation of and following a fed funds rate hike and said shares trade at a premium despite slow growth and lack of catalysts.
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