BofA upgrades Virtu Financial to 'buy' on strong growth forecast

Virtu Financial

28/10/2025 16:09

** BofA Global Research upgrades market maker Virtu Financial's VIRT.N rating to "buy" from "neutral", cuts PT to $45 from $52

** Revised PT represents 32.9% upside to stock's last close

** Shares of VIRT rise nearly 3.3% to about $35 in morning trading

** "While VIRT has seen some market share slippage, LDD% growth in its core retail brokerage end market should allow for positive long-term earnings growth," brokerage says

** Brokerage expects VIRT, under new leadership, to pursue more aggressive expansion across options, crypto and credit markets

** Four of eight brokerages rate stock "buy" or higher, three "hold" and one "sell"; their median PT is $45 - data compiled by LSEG

** Including session's moves, shares down 2% YTD

 (Reporting by Megavarshini G. Somasundaram in Bengaluru)

 ((Megavarshini.SomasundaramGnanasundari@thomsonreuters.com))