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.
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Read More on CBOE:
- Cboe Global Markets Reports Results for Second Quarter 2023
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