UBS Initiates Coverage On MarketAxess Holdings with Buy Rating, Announces Price Target of $285
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Alex Kramm has initiated coverage on MarketAxess Holdings (NASDAQ:MKTX) with a Buy rating and a price target of $285.
October 06, 2023 | 2:20 pm
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UBS has initiated coverage on MarketAxess Holdings with a Buy rating and a price target of $285, which could positively impact the stock's performance.
The initiation of coverage by a major financial institution like UBS, coupled with a Buy rating and a high price target, typically generates positive sentiment among investors. This could lead to increased demand for the stock, potentially driving its price up in the short term.
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