William Blair initiated coverage of Cboe Global Markets (CBOE) with a Market Perform rating and no price target The firm does not expect multiple expansion for the shares as zero days to expiration options mature and the company’s derivatives revenue growth normalizes. Cboe’s strategic initiatives should support margin stability, higher capital return, and organic growth, however, and this should drive earnings growth in the mid- to high-single digits in 2025 and 2026, the analyst tells investors in a research note. Blair views the stock as fairly valued.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CBOE:
- Cboe Global Markets initiated with a Market Perform at William Blair
- Cboe Global Markets price target raised to $224 from $222 at Deutsche Bank
- CFTC Chairman Rostin Behnam announces planned departure
- Cboe Global Markets downgraded to Underweight from Neutral at JPMorgan
- Cboe Global Markets reports December, FY trading volume