Citigroup Maintains Neutral on Cboe Global Markets, Raises Price Target to $188
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Christopher Allen has maintained a Neutral rating on Cboe Global Markets (CBOE) and increased the price target from $170 to $188.
January 12, 2024 | 7:57 pm
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POSITIVE IMPACT
Citigroup has maintained a Neutral rating on Cboe Global Markets but raised the price target from $170 to $188, indicating a positive outlook on the stock's value.
The increase in price target by Citigroup suggests that the analyst sees potential for the stock to rise to the new target, which could positively influence investor sentiment and the stock price in the short term. However, the Neutral rating indicates that the analyst does not see significant catalysts for a more aggressive investment stance, which tempers the potential impact.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100