The Globe and Mail reports in its Thursday, May 7, edition that RBC Dominion Securities analyst Bart Dziarski has reaffirmed his "outperform" recommendation for TMX Group. The Globe's David Leeder writes in the Eye On Equities column that Mr. Dziarski gave his share target a $4 boost to $69. Analysts on average target the shares at $62.33. Mr. Dziarski says in a note: "We believe operating results continue to serve as a powerful reminder of TMX's strong business model, with double-digit revenue growth and operating leverage driving margin expansion. Despite the recent positive rerating, TMX is trading at 22.6 times forward P/E, in-line with global exchange peers, and we believe a premium is warranted given TMX's fundamentally stronger business model. We increase our price target driven by higher estimates and rolling forward our valuation." The Globe reported on Feb. 10 and April 23 that Mr. Dziarski continued to rate TMX Group "outperform." The shares could then be had for $46.14 and $54.56.