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Tradeweb Markets price target raised to $121 from $120 at BofA

BofA analyst Craig Siegenthaler raised the firm’s price target on Tradeweb Markets (TW) to $121 from $120 and keeps a Buy rating on the shares. The firm is making minor adjustments to earnings estimates to embed company disclosures released after BofA’s Q1 Exchange earnings preview from earlier this month, which results in small upward earnings revisions for Cboe Global Markets (CBOE) and Tradeweb, the analyst tells investors.

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