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Cboe rallies after Morgan Stanley double upgrade points to durable options growth

요약

Investing.com -- Cboe Global Markets Inc (NYSE:CBOE) advanced 3.6% in Friday’s premarket session following a rare double upgrade from Morgan Stanley, which cited an improved risk-reward profile and the resolution of major long-term overhangs. Analyst Michael Cyprys raised the exchange operator’s rating to Overweight from Underweight while sharply boosting his price target to $358 from $258.