Shares of Cboe Global Markets could rise 13% on the back of lingering market volatility after the U.S. presidential election, according to Deutsche Bank.
Cboe Global Markets could benefit from the postelection volatility spike, according to Deutsche Bank. Analyst Brian Bedell upgraded the exchange stock to buy from hold and raised his price target to $222 from $211. This updated forecast represents an approximately 13% upside. Bedell said Cboe should maintain healthy revenue growth into at least 2025. This is supported by his belief "that equity markets may remain volatile over the intermediate term post the U.S.
mountain chart Analyst sentiment on the stock is tepid. Of the 18 who cover Cboe, 12 have a hold rating, LSEG data shows.
Stock Markets Cboe Global Markets Inc Business News
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Buy potential earnings dip in this internet stock says Deutsche BankBuy potential earnings dip in this internet stock says Deutsche Bank
Read more »
Deutsche Bank says buy GE Vernova, sees 30% potential upsideShares of GE Vernova could rise due to growth potential in its gas power, wind and electrification businesses, according to Deutsche Bank.
Read more »
Deutsche Bank shares shed 3% as lender's swing back to profit fails to impressThe partial release of 440 million euros of litigation provisions in the third quarter helped boost profit, Deutsche Bank said.
Read more »
Deutsche Bank shares shed 4% as lender's swing back to profit fails to impressThe partial release of 440 million euros of litigation provisions in the third quarter helped boost profit, Deutsche Bank said.
Read more »
Goldman Sachs upgrades BioNTech to buy, sees stock surging more than 25%The bank upgraded shares of the German biotechnology firm to a buy rating from neutral.
Read more »
European equities open flat as traders focus on earnings; Deutsche Bank stock starts the day lowerEuropean markets opened flat Wednesday as investors in the region focused on corporate reports.
Read more »