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UPDATE: Deutsche Bank Initiates Coverage On Markit


In a report released Monday, Deutsche Bank analyst Paul Ginocchio initiated coverage on Markit (NASDAQ: MRKT) with a Buy rating and a $29.00 price target.

Ginocchio believe growth opportunity is presented for Markit's solution division with regulatory issues faced by investment banks. Fragmented markets create uncertainty for Markit's subscription business. Due to shifts in electronic trading, Deutsche Bank analysts believe the company has decreased headwinds and uncertainty making it easier to accurately estimate its operations and FCF.

Latest Ratings for MRKT

Mar 2016MaintainsBuy
Mar 2016MaintainsEqual-Weight
Feb 2016MaintainsBuy

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Posted-In: Deutsche Bank Paul GinocchioAnalyst Color Price Target Initiation Analyst Ratings


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