BUZZ-<a href="https://laohu8.com/S/MSPQL">Morgan Stanley</a> upgrades MarketAxess to 'overweight' rating** Morgan Stanley upgrades bond trading platform MarketAxess MKTX.O to "overweight" from "equal weight" rating
** Brokerage says rising recession risks could increase corporate bond trading volumes as investors rotate their portfolio to manage risk
** Morgan Stanley adds that market volatility could lead to increased trading activity and greater appreciation for MKTX's All-to-All liquidity pool, boosting its volumes and increasing its market shares
** Five of 14 brokerages rate the stock "buy" or higher, 8 "hold" and one "sell"; their median PT is $225 — LSEG data
** As of last close, stock down ~8.8% YTD
(Reporting by Prakhar Srivastava in Bengaluru)
((Prakhar.srivastava2@thomsonreuters.com))
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