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Fly News Breaks for August 11, 2016
CBOE
Aug 11, 2016 | 07:02 EDT
BofA/Merrill analyst Micheal Carrier downgraded CBOE Holdings to Underperform and lowered its price target to $65 from $69. The analyst cites increasing multi-listed competition, weak volume trends, and peak valuation for the rating change.
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