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RBC Capital Sticks to Their Hold Rating for Cboe Global Markets (CBOE)

Tipranks - Tipranks - Wed Jun 3, 9:00PM CDT

In a report released on June 1, Ashish Sabadra from RBC Capital maintained a Hold rating on Cboe Global Markets, with a price target of $303.00. The company’s shares closed yesterday at $300.99.

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According to TipRanks, Sabadra is a 3-star analyst with an average return of 1.8% and a 51.11% success rate. Sabadra covers the Financial sector, focusing on stocks such as S&P Global, Moody’s, and Intercontinental Exchange.

Currently, the analyst consensus on Cboe Global Markets is a Hold with an average price target of $322.60.

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Based on Cboe Global Markets’ latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $1.27 billion and a net profit of $385.7 million. In comparison, last year the company earned a revenue of $1.2 billion and had a net profit of $250.6 million

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