Barclays raised the firm’s price target on Cboe Global Markets (CBOE) to $351 from $317 and keeps an Overweight rating on the shares. The firm adjusted targets in the brokers, asset managers and exchanges group as part of a Q1 earnings preview. The analyst reduced realizations estimates again and expects messaging “to be a bit less constructive” this quarter. Barclays finds shares of the alternative asset managers attractive and thinks Q1 “could be a bit of a clearing event.”
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CBOE:
- Cboe Global Markets price target raised to $305 from $290 at UBS
- Cboe Global Markets reports March trading volume
- Cboe, CNBC launch multi-year collaboration for live market coverage
- Unusual call flow in option market yesterday
- Cboe Global Markets files SEC proposal to launch near 24×5 U.S. equities trading
