BofA lowered the firm’s price target on BGC Group (BGC) to $15 from $16 and keeps a Buy rating on the shares. The increasingly uncertain macroeconomic and geopolitical backdrop produced “ideal conditions for trading across asset classes,” says the analyst, who raised EPS for market structure stocks ahead of earnings from the exchange group.

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• BGC Group Completes Acquisition of OTC Global Holdings

• BGC Group Reaffirms Q1 2025 Financial Outlook

• BGC Group reaffirms Q1 revenue view $610M-$660M vs. $578.6M last year

• BGC Group initiated with a Buy at BofA

• Howard Lutnick Departs BGC Group for Commerce Role