Morgan Stanley raised the firm’s price target on Cboe Global Markets (CBOE) to $221 from $218 and keeps an Underweight rating on the shares. The firm is updating its price targets for stocks in the Brokers & Exchanges North America sector under its coverage, the analyst tells investors. The firm believes brokers are poised to benefit from growth due to better visibility around rates paths and continued retail engagement.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CBOE:
- Crypto Currents: CoinShares, Vine Hill enter business combination agreement
- Cboe Global Markets to launch Cboe Continuous futures for Bitcoin, Ether
- Cboe Global Markets reports August trading volume
- Cboe Global Markets raises quarterly dividend 14% to 72c from 63c per share
- Cboe Global Markets Reports Record Revenue Growth
