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Goldman Sachs Remains a Sell on Cboe Global Markets (CBOE)

Tipranks - Tipranks - Wed Aug 5, 9:10AM CDT

Goldman Sachs analyst Alexander Blostein maintained a Sell rating on Cboe Global Markets yesterday and set a price target of $304.00.

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Blostein covers the Financial sector, focusing on stocks such as WisdomTree, Virtu Financial, and Tradeweb Markets. According to TipRanks, Blostein has an average return of 18.3% and a 72.45% success rate on recommended stocks.

In addition to Goldman Sachs, Cboe Global Markets also received a Sell from J.P. Morgan’s Ken Worthington in a report issued on July 28. However, yesterday, Barclays maintained a Buy rating on Cboe Global Markets (BATS: CBOE).

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Based on Cboe Global Markets’ latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $1.44 billion and a net profit of $353.1 million. In comparison, last year the company earned a revenue of $1.17 billion and had a net profit of $235.1 million

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