Marex Group price target lowered to $40 from $50 at Barclays

Barclays lowered the firm’s price target on Marex Group (MRX) to $40 from $50 and keeps an Overweight rating on the shares as part of a Q3 earnings preview for the exchanges. Volumes across the futures grew quarter-over-quarter amid lower volatility while options saw “nice growth,” the analyst tells investors in a research note. Barclays doe snot expect too many surprises with the Q3 reports.