Deutsche Börse: shares rise after Berenberg upgrade

(CercleFinance.com) - Shares in Deutsche Börse are up 1.
3% at 112.6 euros in late-morning trade on Tuesday after Berenberg upgraded the stock from "sell" to "neutral".

The broker also increased its target price for the share from 112 euros to 120 euros.

"Exchanges are beneficiaries of uncertainty in economic growth and the future path of interest rates - and the elevated market volatility they create," Berenberg said.

"The past few weeks have been universally positive for exchanges as a result," it added, with volumes on the rise.

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