CME Group Downgraded: Analyst Sees Cutthroat Competition From BGC Group, Cboe Global & Intercontinental Exchange - CME Gr ( NASDAQ:CME )
BofA Securities analyst Craig Siegenthaler downgraded CME Group Inc CME to Underperform from Neutral, lowering the price target from $212 to $177. The company now faces competition on three fronts from BGC Group, Inc. BGC, Cboe Global Markets, Inc. CBOE, and Intercontinental Exchange Inc.
| Ticker |
Sentiment |
Impact |
|
CBOE
|
Somewhat Bearish
|
24 %
|
|
CME
|
Somewhat Bullish
|
55 %
|
|
ICE
|
Somewhat Bearish
|
24 %
|
|
BGC
|
Somewhat Bearish
|
24 %
|
