The Globe and Mail reports in its Wednesday, Oct. 29, edition that National Bank Financial analyst Jaeme Gloyn is keeping his "sector perform" ranking for TMX Group intact. The Globe's David Leeder writes in the Eye On Equities column that Mr. Gloyn hiked his share target to $60 from $59. Analysts on average target the shares at $61.63. Mr. Gloyn saw TMX Group's third quarter results as a "solid beat that highlights the strength of the TMX platform with strong revenue growth from all facets." TMX reported revenue of $419-million on Monday, an 18-per-cent year-over-year increase, exceeding Mr. Gloyn's estimate of $412-million and the Street's projection of $408-million. Adjusted earnings per share rose 27 per cent to 52 cents, beating expectations by three cents. Mr. Gloyn says in a note: "We maintain a favourable view of TMX's long-term growth outlook, strong track record of strategic execution and defensive attributes. ... Our estimates imply double-digit EPS growth rates through 2027 as we anticipate continued solid growth from TMX's rapid growth segments, upside in trading volumes near term given volatility and a potential medium-term rebound in additional listings revenues as M&A activity flows through."