Cboe Global Markets price target raised to $215 from $211 at Barclays

Barclays analyst Benjamin Budish raised the firm’s price target on Cboe Global Markets to $215 from $211 and keeps an Overweight rating on the shares post the Q1 report. The company’s earnings beat despite a revenue miss, as a tax beat added 3c per share and costs came in below the Street, the analyst tells investors in a research note. Management now believes organic revenue growth will be at the high end of their range despite the recent difficult macro environment, notes the firm.