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Tradeweb Markets price target raised to $159 from $153 at TD Cowen

TD Cowen raised the firm’s price target on Tradeweb Markets (TW) to $159 from $153 and keeps a Buy rating on the shares. The firm adjusted its model to reflect higher expensesbut are also more encouraged around its multi-vectored ADV growth and revenue capture, potential regulatory beneficiary, and building M&A optionality.

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