Barclays upgraded Cboe Global Markets (CBOE) to Overweight from Equal Weight with a price target of $302, up from $273. The firm says the company’s index options franchise has seen “healthy growth” over the past several years. Barclays also likes the actions taken by Cboe’s new CEO. The company is divesting sub-scale, less critical businesses and leaning into its core competency, the analyst tells investors in a research note.
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