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Fly News Breaks for October 26, 2015
MKTX
Oct 26, 2015 | 08:19 EDT
Raymond James upgraded MarketAxess to Outperform and established a $110 price target on shares and said the selloff post earnings has created a buying opportunity. Analyst Patrick O'Shaughnessy believes MarketAxess is still relatively early in the process of disrupting and reinventing corporate bond trading and expect significant market share expansion over the next 3-5 years.
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