Morgan Stanley has decided to maintain its Overweight rating of Tradeweb Markets TW and raise its price target from $101.00 to $109.00.
Shares of Tradeweb Markets are trading up 0.0% over the last 24 hours, at $87.88 per share.
A move to $109.00 would account for a 24.03% increase from the current share price.
About Tradeweb Markets
Founded in 1998 and headquartered in New York City, Tradeweb Markets is a leading fixed-income trading platform. While it does offer electronic processing for some voice-negotiated trades, the company focuses primarily on providing electronic trading networks that connect broker/dealers, institutional clients, and retail customers. While the company offers trading in a wide variety of products, the bulk of its business is in U.S. and European government debt, mortgage-backed securities, interest-rate swaps, and U.S. and international corporate bonds. The firm also sells fixed-income trading and price data, primarily through a deal with Refinitiv's Eikon service.
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