CBOE Holdings, Inc. (CBOE) Tops Q1 EPS by 3c

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Goldman Sachs Downgrades CBOE Holdings (CBOE) to Neutral

August 5, 2013 7:15 AM EDT

Goldman Sachs downgraded CBOE Holdings (NASDAQ: CBOE) from Buy to Neutral with a price target of $49.00. Analyst Alexander Blostein sees limited upside given recent performance.

"We believe CBOE remains well positioned to benefit from rising VIX futures adoption, solid y/y volume trends,... More