Morgan Stanley raised the firm’s price target on Cboe Global Markets (CBOE) to $240 from $221 and keeps an Underweight rating on the shares. Healthy transactional activity across brokers and exchanges in Q4 drives modest positive revision risk, notes the analyst in a preview. The analyst is raising Q4 EPS estimates by 5% on average, leaving the firm in-line with consensus, the analyst noted.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CBOE:
- Private Markets: OpenAI seeks to raise as much as $100B at $830B valuation
- Nasdaq Eyes Near-24-Hour Trading to Capture Stock Trading Boom
- Cboe Global Markets upgraded to Overweight from Equal Weight at Barclays
- Cboe Global Markets price target raised to $310 from $271 at BofA
- Balanced Hold Recommendation Amid Strong Performance and Future Uncertainties