CME - CBOE's Potential Sale And Its Bright Spot In The Market Post-CEO Resignation: Analyst Highlights | Benzinga
Piper Sandler analyst Patrick Moley reiterated the Overweight rating on Cboe Global Markets, Inc. (BATS: CBOE), raising the price target to $174 from $160.
With one day left in the quarter, the analyst expects CBOE to report its 5th consecutive record quarter for index options volumes and the 10th consecutive QoQ increase in volumes.
August & September are anticipated to be the two most vital volume months on record for SPX options, Moley notes.
The analyst adds that CBOE shares are up 3.1% since the former CEO resigned, contrasting with ...