TD Cowen Trims Price Target on CME Group (CME). Here is Why

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Skip to navigationSkip to main contentSkip to right columnADVERTISEMENTSultan KhalidSat, June 27, 2026 at 6:08 AM GMT+2 2 min readWith an annual dividend yield of 2.31%, CME Group Inc. (NASDAQ:CME) is included among the 12 Best NASDAQ Stocks to Buy for Dividends.TD Cowen Trims Price Target on CME Group (CME). Here is WhyCME Group Inc. (NASDAQ:CME) is the world's leading and most diverse derivatives marketplace offering the widest range of futures and options products for risk management. On June 22, TD Cowen lowered its price target on CME Group Inc. (NASDAQ:CME) from $332 to $273, but maintained a 'Buy' rating on the shares. Despite the cut, the revised price objective reflects an upside of over 21% from the current levels.TD Cowen reduced its price targets across most of its exchange coverage. According to the analyst firm, the growing popularity of perpetual futures is likely to sustain concerns about "terminal value" and limit stock multiples, even as trading volumes continue to trend positively.On the other hand, Keefe Bruyette upgraded CME Group Inc. (NASDAQ:CME) from 'Market Perform' to 'Outperform' on June 18, while keeping its price target on the stock unchanged at $305.CME is down by over 20% over the last month, and KBW believes that the selloff has created an "extremely attractive" risk/reward opportunity. The analyst firm attributed the decline to concerns surrounding perpetual futures, but noted that these fears are largely overblown for exchanges in general and for CME in particular, due to the company's limited retail exposure and its index licensing business in equity products.Keefe also expects the trading volumes to improve for CME and believes that this momentum will continue into the second half of the year, given its favorable outlook on rate activity.While we acknowledge the potential of CME as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.READ NEXT: 12 Best S&P 500 Stocks to Buy for Dividends and 12 High Yield Fortune 500 Stocks to Buy NowDisclosure: None. Follow Insider Monkey on Google News.Terms and Privacy PolicyEU DSA contactPrivacy & Cookie SettingsMore Info