Barclays raised the firm’s price target on Tradeweb Markets to $112 from $104 and keeps an Overweight rating on the shares. The analyst says a “soft landing” and falling rates are somewhat mixed for the brokers and asset management sector. This bodes well for the alternative asset managers despite the recent run in shares, the analyst tells investors in a research note. The firm also realigned its exchange ratings heading into 2024.
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Read More on TW:
- MarketAxess price target raised to $229 from $203 at Rosenblatt
- Tradeweb Markets price target raised to $103 from $99 at Rosenblatt
- Tradeweb reports December average daily volume $1.46T up 43.3% YoY
- Tradeweb Markets reports November average daily volume $1.80T, up 59% YoY
- Tradeweb Markets to acquire r8fin, terms undisclosed
