Morgan Stanley raised the firm’s price target on Tradeweb Markets (TW) to $119 from $118 and keeps an Equal Weight rating on the shares. Healthy transactional activity across brokers and exchanges in Q4 drives modest positive revision risk, notes the analyst in a preview. The analyst is raising Q4 EPS estimates by 5% on average, leaving the firm in-line with consensus, the analyst noted.
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Read More on TW:
- Tradeweb Markets downgraded to Equal Weight from Overweight at Barclays
- Tradeweb Markets price target lowered to $189 from $192 at BofA
- Tradeweb Markets: Balancing Strong Growth with Emerging Challenges – Hold Recommendation
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- Tradeweb Markets: Strong Trading Volume Growth and Potential Undervaluation Drive Buy Rating