Tradeweb Markets price target raised to $111 from $105 at BofA

BofA raised the firm’s price target on Tradeweb Markets to $111 from $105 and keeps a Buy rating on the shares. The company reported an in-line Q4 earnings, but the firm is boosting its price target to reflect strong quarter-to-date volumes, partially offset by a higher than expected expense guide, the analyst tells investors in a research note.