The Globe and Mail reports in its Wednesday, Aug. 5, edition that National Bank Financial analyst Jaeme Gloyn has reiterated his "outperform" recommendation for TMX Group. The Globe's David Leeder writes in the Eye On Equities column that Mr. Gloyn tweaked his share target ahead by a loonie to $64. Analysts on average target the shares at $64.86. Mr. Gloyn says in a note: "TMX delivered a solid Q2 driven by revenue beats almost across the board. TMX also announced another strategic and accretive transaction. Management struck a bullish tone on the conference call, cementing our favourable view of the deal." The Globe reported on July 28 that Mr. Gloyn had boosted his recommendation for TMX Group to "outperform" from "sector perform." It was then worth $52.07.
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