BofA lowered the firm’s price target on Tradeweb Markets (TW) to $189 from $192 and keeps a Buy rating on the shares. Looking ahead to 2026, the firm now favors the alternative asset managers to online brokers due to what it sees as a better valuation and positioning setup combined with a stronger macro backdrop, the analyst tells investors in a note on the brokers, asset managers and exchanges group.
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Read More on TW:
- Tradeweb Markets: Balancing Strong Growth with Emerging Challenges – Hold Recommendation
- Tradeweb Markets reports November trading volume of $56.8T
- Tradeweb Markets: Strong Trading Volume Growth and Potential Undervaluation Drive Buy Rating
- Tradeweb Markets reports October total trading volume $65.4T
- Tradeweb Markets appoints Sandra Buchanan as Chief People Officer
