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.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TW:
- Tradeweb Markets price target raised to $105 from $100 at Piper Sandler
- Tradeweb Markets price target raised to $125 from $122 at Morgan Stanley
- Tradeweb Markets initiated with an Outperform at William Blair
- Tradeweb Markets’ Strategic Acquisition and Regulatory Moves
- Tradeweb Markets to acquire ICD for $785M
