Barclays analyst Benjamin Budish has maintained an Overweight rating on Cboe Global Markets, lowering the price target to $347 from $382. The adjustment reflects a revised valuation outlook for the exchange operator. The rating indicates continued confidence in the company's performance potential despite the reduced target. The previous price objective stood at $382.

Wedbush rang the closing bell at Cboe Global Markets on July 08, 2026, to commemorate nearly two decades as a member and celebrate a longstanding partnership. The event highlighted the shared commitment of both organizations to innovation, market integrity, and the continued evolution of global capital markets. Since becoming a member in 2008, Wedbush has worked alongside Cboe as new products, technologies, and market participants have transformed the financial landscape.

Strategic Partnership and Market Evolution

Throughout the 18-year relationship, both organizations have focused on expanding market access while maintaining the reliability, transparency, and risk management that institutional investors depend upon. Wedbush has continually invested in the infrastructure needed to support each new wave of innovation, ranging from the rapid growth of listed options and futures to the expanding ecosystem of digital assets, prediction markets, perpetual futures, and other exchange-traded products.

Firm Overview and Services

Founded in 1955, Wedbush has grown into one of the nation's leading financial services firms. The company provides clearing, execution, custody, prime brokerage, and technology solutions to a diverse client base that includes broker-dealers, institutional investors, market makers, hedge funds, and fintech firms.

Leadership Perspective

"Ringing the Cboe closing bell is a tremendous honor and a meaningful recognition of the longstanding relationship between our two organizations," said Bob Fitzsimmons, EVP and Co-Head of Multi-Asset Clearing and Prime Services at Wedbush. He noted that Cboe has consistently been at the forefront of market innovation, introducing products and technologies that have shaped the industry for decades. Wedbush looks forward to continuing to serve as a trusted partner to Cboe and its members in the future.