Barclays raised the firm’s price target on Tradeweb Markets (TW) to $124 from $121 and keeps an Equal Weight rating on the shares. The firm updated targets in the brokers, asset managers and exchanges group ahead of the Q4 reports. Total volumes across equities, options, and futures “rose nicely” quarter-over-quarter and volatility picked up sequentially, the analyst tells investors in a research note.
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Read More on TW:
- Tradeweb: Strong Volumes, Expanding Market Share, and Digitization Drive Buy Rating
- Tradeweb Markets reports December total trading volume $63T
- Tradeweb Markets Amends Long-Term Market Data Agreements
- Tradeweb Markets price target raised to $119 from $118 at Morgan Stanley
- Tradeweb Markets downgraded to Equal Weight from Overweight at Barclays
