BofA/Merrill Lynch Downgrades CBOE Holdings (CBOE) to Neutral
Get Alerts CBOE Hot Sheet
Price: $181.69 +1.28%
Rating Summary:
13 Buy, 15 Hold, 2 Sell
Rating Trend: Down
Today's Overall Ratings:
Up: 11 | Down: 12 | New: 13
Rating Summary:
13 Buy, 15 Hold, 2 Sell
Rating Trend: Down
Today's Overall Ratings:
Up: 11 | Down: 12 | New: 13
Join SI Premium – FREE
BofA/Merrill Lynch downgraded CBOE Holdings (NASDAQ: CBOE) from Buy to Neutral with a price target of $63.00 (from $68.00) on lighter volume trends.
Analyst Michael Carrier cut EPS estimates by 6% as volumes have been coming in lighter than trends. The firm sees limited upside as a result.
The firm cut FY 2015 EPS from $2.60 to $2.45, FY 2016 EPS from $3.20 to $3.00 and FY 2017 from $3.96 to $3.69.
For an analyst ratings summary and ratings history on CBOE Holdings click here. For more ratings news on CBOE Holdings click here.
Shares of CBOE Holdings closed at $60.85 yesterday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Bristol-Myers Squibb Co. (BMY) PT Lowered to $64 at Truist Securities
- Meta Platforms Inc. (META) PT Lowered to $575 at UBS, 'shares are offering a 3-to-1 skew'
- Jefferies Downgrades Calix (CALX) to Hold
Create E-mail Alert Related Categories
Analyst Comments, Analyst EPS Change, Analyst PT Change, Downgrades, Hot DowngradesSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!