Citigroup Reiterates Buy on MarketAxess Holdings, Maintains $330 Price Target
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Christopher Allen has reiterated a 'Buy' rating on MarketAxess Holdings (NASDAQ:MKTX) and maintained a price target of $330.
September 25, 2023 | 4:03 pm
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POSITIVE IMPACT
Citigroup analyst maintains a 'Buy' rating on MarketAxess Holdings with a $330 price target.
The reiteration of a 'Buy' rating by a Citigroup analyst indicates a positive outlook for MarketAxess Holdings. The maintained price target of $330 suggests that the analyst believes the stock has potential for growth. This could lead to increased investor confidence and potentially a rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
Citigroup analyst reiterates 'Buy' rating on MarketAxess Holdings, maintaining a $330 price target.
While Citigroup's analyst's rating impacts MarketAxess Holdings directly, it also reflects on Citigroup's market analysis capabilities. However, as this is a routine part of an analyst's job, it is unlikely to have a significant impact on Citigroup's stock price in the short term.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50