Cboe Global Markets rises after third-quarter results
** Shares of Cboe Global Markets CBOE.Z rise 7% to $336.2 in afternoon trading
** The derivatives exchange operator posts Q3 adjusted net income of $379.6 mln, or $3.63 per share, compared with $279.8 mln, or $2.67 per share, a year earlier
** Net revenue rises 18% to 712.2 mln while options net revenue jumps 23% to $469.5 mln
** Company raises 2026 organic total net revenue growth forecast to the "high-teens" range from the "mid to high teens" range
** Analysts at Raymond James say, "We remain impressed with the company's execution in terms of broadening out growth vectors beyond the SPX contract, divesting non-core businesses, and right-sizing the company's cost structure"
** Seven of 19 analysts rate stock "strong buy" or "buy", 11 "hold" and one "sell"; their median PT is $322.15, according to data compiled by LSEG
** As of last close, stock up 25.2% YTD