
Citing current market conditions, Morgan Stanley (NYSE: MS) analysts have upgraded three financial stocks, specifically within the hedging and trading services industry: Cboe Global Markets (NASDAQ: CBOE), CME Group (NASDAQ: CME), and MarketAxess (NASDAQ: MKTX).
These firms operate platforms for trading securities like options, futures, and bonds—markets that typically see surging demand during uncertain times as investors seek ways to hedge risk and rebalance portfolios.