Virtu Financial is trading at $61.37 (+4.39%) after a JPMorgan analyst action that the report identifies as the driver of the move.
- On October 5, JPMorgan upgraded Virtu Financial from Neutral to Overweight and raised its 12-month price target to $84 from $61.
- The bank cited product innovation and expanded equity and trading capital as growth opportunities. Broader markets offered little directional support; the provided indices were mixed and showed no broad-market move above 0.5%.