Rosenblatt Reiterates Sell on MarketAxess Holdings, Lowers Price Target to $254
Portfolio Pulse from Benzinga Newsdesk
Rosenblatt analyst Andrew Bond reiterates a Sell rating on MarketAxess Holdings (NASDAQ:MKTX) and lowers the price target from $288 to $254.
June 06, 2023 | 11:15 am
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Rosenblatt analyst Andrew Bond maintains a Sell rating on MarketAxess Holdings and reduces the price target from $288 to $254.
The Rosenblatt analyst's reiteration of a Sell rating and lowering of the price target for MarketAxess Holdings (MKTX) indicates a bearish outlook for the stock. This news is likely to have a negative impact on the stock price in the short term as it suggests that the analyst believes the stock is overvalued at its current price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100