Marex Group price target raised to $54 from $45 at Keefe Bruyette

Keefe Bruyette analyst Kyle Voigt raised the firm’s price target on Marex Group (MRX) to $54 from $45 and keeps an Outperform rating on the shares. Near-term margin expansion could be somewhat constrained as net interest income may continue to decline slightly, the analyst tells investors in a research note.