CBOE: Downgrading To Hold Amid Rising Costs And Intensified Competition
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Cboe Global Markets, Inc. has been downgraded from 'buy' to 'hold' due to rising costs and intensified competition. Despite revenue growth, operating expenses increased by 10%, leading to a contraction in EBITDA margin and EPS falling short of expectations.
February 14, 2025 | 5:00 pm
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Cboe Global Markets has been downgraded to 'hold' due to rising costs and competition affecting profitability. Revenue growth was below estimates, with a 10% rise in operating expenses leading to a contraction in EBITDA margin and EPS falling short.
The downgrade from 'buy' to 'hold' reflects concerns over Cboe's ability to maintain profitability amid rising costs and competition. The 10% increase in operating expenses and missed EPS expectations suggest potential short-term pressure on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100