Barclays analyst Benjamin Budish raised the firm’s price target on Cboe Global Markets to $155 from $146 and keeps an Equal Weight rating on the shares. The company’s Q2 earnings beat Street estimates slightly and revenue for fiscal 2023 is now expected to be at the high end of the guided 7%-9% range, the analyst tells investors in a research note. The options business continues to grow nicely and management sees several additive drivers going forward, says the firm.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% 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>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on CBOE:
- Cboe Global Markets Reports Results for Second Quarter 2023
- Cboe Global Markets sees FY23 organic revenue growth at high end of 7%-9%
- Cboe Global Markets reports Q2 adjusted EPS $1.78, consensus $1.77
- CBOE Upcoming Earnings Report: What to Expect?
- Cboe Global Markets CEO sells $1.09M in common stock