In other recent news, MarketAxess Holdings Inc. reported a slight earnings per share (EPS) beat, attributed to increased revenues and lower expenses, despite facing some challenges with nonoperating expenses and share count. Keefe, Bruyette & Woods (KBW) revised their price target for MarketAxess from $251 to $225, maintaining a Market Perform rating due to slower industry volumes and a decline in market share. Meanwhile, Citi analysts adjusted their price target for the company from $325 to $300, keeping a Buy rating, and expressed optimism about potential market share gains despite recent trading volume challenges. In November, MarketAxess disclosed a total average daily volume (ADV) of $44.9 billion, marking a 56% year-over-year increase but a 3% decline from October. The U.S. high-grade segment saw a 5% monthly decline in ADV, while high-yield ADV dropped 31% year-over-year.