Cboe Global Markets price target raised to $245 from $230 at Citi

Citi raised the firm’s price target on Cboe Global Markets (CBOE) to $245 from $230 and keeps a Neutral rating on the shares. The firm believes elevated market volatility at the start of Q2 drove strong activity across Cboe’s asset classes. It updated the company’s estimates but finds the stock’s risk/reward as balanced.