BofA raised the firm’s price target on Cboe Global Markets to $173 from $168 and keeps a Buy rating on the shares. Q3 has been defined in the exchange/market structure vertical by the ebbing of equity volatility, which has benefited the listings set-up at the expense of equity volumes, the analyst tells investors in a preview note. The subdued volatility has allowed for green shoots in the listings businesses of IntercontinentalExchange (ICE) and Nasdaq (NDAQ), as the Arm (ARM) IPO in September was the largest since 2021 at $55B, the analyst noted.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
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 price target raised to $174 from $160 at Piper Sandler
- Early notable gainers among liquid option names on September 19th
- Cboe Global Markets reinstated with a Buy at BofA
- Cboe Global Markets exec Howson sells 8,000 common shares
- Cboe Global Markets price target raised to $161 from $148 at Argus