Oppenheimer raised the firm’s price target on Cboe Global Markets to $227 from $209 and keeps an Outperform rating on the shares. The firm notes Cboe is sharpening its strategic focus on enabling global investors to invest in the U.S. market. Its priority to stabilize margins, allocate more capital for buybacks, and reduce M&A is well received by the investment community, Oppenheimer adds.
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>>
Read More on CBOE:
- Cboe Global Markets price target raised to $220 from $210 at Piper Sandler
- Cboe Global Markets price target raised to $239 from $218 at Barclays
- Cboe Global Markets price target raised to $196 from $186 at Goldman Sachs
- Cboe Global Markets initiated with a Sector Perform at RBC Capital
- Cboe Global Markets initiated with a Hold at TD Cowen