Barclays raised the firm’s price target on Cboe Global Markets to $189 from $170 and keeps an Equal Weight rating on the shares. The firm cites the Q3 EPS beat, helped by lower taxes and a 1-time benefit from executive comp. Messaging from the new CEO around strategic focus and margins was clearly well received by investors, and October index options volumes are trending well ahead of the Street, Barclays said in a research note on Friday.
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