Tradeweb Markets price target lowered to $140 from $144 at TD Cowen

TD Cowen analyst Bill Katz lowered the firm’s price target on Tradeweb Markets (TW) to $140 from $144 and keeps a Buy rating on the shares. The firm said they posted better than expected 3Q and are feeling more constructive on the big picture. Cowen thinks 2026E is shaping up as another likelydouble-digit year for revenue growth, partially offset by sustained elevated spending.