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Cboe Global Markets reinstated with a Buy at BofA

BofA analyst Craig Siegenthaler reinstated coverage of Cboe Global Markets with a Buy rating and $168 price target. The firm’s 2024 and 2025 EPS estimates are 4% and 9%, respectively, above consensus, notes the analyst, who contends that recent growth is “about much more” than ODTE options and retail investors.

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