Piper Sandler analyst Patrick Moley raised the firm’s price target on Tradeweb Markets to $108 from $105 and keeps a Neutral rating on the shares. Despite persistently low volatility, the firm expects trading companies to generally report solid Q2 results driven by continued strength in trading volumes across a range of asset classes, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TW:
- Tradeweb Markets Announces Executive Changes and Disclosure
- Tradeweb Markets appoints Clack as CAO, President Pluta to leave company
- Murray Roos Resigns from Tradeweb Board Amicably
- Tradeweb Markets reports May total trading volume $41.7T, ADV $1.90T
- Tradeweb Markets CFO sells $1.48M in common stock