The Globe and Mail reports in its Wednesday, May 6, edition that National Bank Financial analyst Jaeme Gloyn has reiterated his "sector perform" recommendation for TMX Group. The Globe's David Leeder writes in the Eye On Equities column that Mr. Gloyn boosted his share target to $64 from $63. Analysts on average target the shares at $61.80. Mr. Gloyn says in a note: "This is a strong quarter from TMX, but also one with a couple of nitpicks. TMX delivered a healthy 12-per-cent beat on strong revenue growth from key drivers: GSIA [global solutions, insights and analytics] up 13 per cent (with Datalinx up 19 per cent), Derivatives (with 28-per-cent growth from the MX), equity and FI trading up 19 per cent, and a robust Capital Formation segment up 28 per cent (with Corporate Solutions up 16 per cent). Organic revenue growth of 14 per cent exceeded flat organic expense growth driving significant operating leverage. The nitpick is that organic revenue growth of Trayport and VettaFi slowed in Q1-26, with Trayport posting a second sequential quarter of sub-10-per-cent organic growth. Trading at 23 times consensus 2026 EPS, we see TMX as balanced risk-reward."