Cboe Global Markets (CBOE), an exchange operator, is making significant moves in the market, as shown in recent financial news. The company's share price target has been increased by several institutional investors, notably Oppenheimer, which raised the target to $227 from $209, and Morgan Stanley, which raised it to $199 from $188. These adjustments indicate confidence in CBOE's financial performance and growth outlook. As a leading player in the derivatives market, CBOE is realigning its digital asset business, leveraging its strength in derivatives and clearing. This strategic move is integral to CBOE's efforts to maintain its position in a rapidly evolving industry. Insightful business partnerships are unfolding, with CBOE and S&P Dow Jones Indices launching the VIXEQ Index, and an extension of collaboration with FTSE Russell in digital asset derivatives. CBOE's robust trading volume in recent quarters, significant index innovations, and expansion into Robinhood's retail access platform are notable strides demonstrating the company's proactive approach to expanding and diversifying its offerings. CBOE's momentum remains steady, and its CEO confirms the firm's appetite for potential deals at the 'right price' thereby making it a strong stock for long-term investment.
Cboe Global Markets CBOE News Analytics from Tue, 26 Mar 2024 07:00:00 GMT to Fri, 18 Oct 2024 21:35:00 GMT -
Rating 8
- Innovation 7
- Information 7
- Rumor -5
