Oppenheimer raised the firm’s price target on Cboe Global Markets (CBOE) to $249 from $237 and keeps an Outperform rating on the shares. The firm notes the company delivered an excellent Q1 result, with a top line beat and adjusted EPS far exceeding expectations. The appointment of highly experienced Craig Donohue as CEO is a positive and could bring Cboe to the next level, Oppenheimer says.
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