Barclays lowered the firm’s price target on Tradeweb Markets (TW) to $144 from $170 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.
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Read More on TW:
- Tradeweb Markets price target lowered to $135 from $155 at UBS
- Mixed Performance and Market Dynamics Lead to Hold Rating for Tradeweb Markets
- Tradeweb Markets: Resilient Growth and Attractive Valuation Amid Market Challenges
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- Tradeweb Markets price target lowered to $209 from $210 at BofA