Piper Sandler Maintains Overweight Rating for Virtu Finl: Here's What You Need To Know

Piper Sandler has decided to maintain its Overweight rating of Virtu Finl VIRT and lower its price target from $26.00 to $24.00.

Shares of Virtu Finl are trading up 0.98% over the last 24 hours, at $17.60 per share.

A move to $24.00 would account for a 36.36% increase from the current share price.

About Virtu Finl

Virtu Financial Inc is a technology-enabled market maker and liquidity provider to the global financial markets. The company's operating segment includes Market Making; Execution Services and Corporate. It generates maximum revenue from the Market Making segment. The Market Making segment principally consists of market-making in the cash, futures and options markets across global equities, options, fixed income, currencies, and commodities. Geographically, it derives a majority of its revenue from the United States and also has a presence in Ireland; Singapore; Canada; Australia and Other Countries.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.