Wedbush Neutral On Investment Technology Group

Wedbush is out with a research report on Investment Technology Group ITG and it has a Neutral rating and a $13 price target on shares. In a note to clients, Wedbush writes, "We believe that ITG is well positioned to benefit from a return of cash equity trading volumes to growth. Nevertheless, we believe volumes are likely to remain muted through 2011, tempering our expectations."