Citigroup Maintains Buy on MarketAxess Holdings, Lowers Price Target to $270
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Christopher Allen has maintained a 'Buy' rating on MarketAxess Holdings (NASDAQ:MKTX) but lowered the price target from $330 to $270.
October 26, 2023 | 3:25 pm
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NEUTRAL IMPACT
Citigroup analyst Christopher Allen has maintained a 'Buy' rating on MarketAxess Holdings but lowered the price target.
Citigroup is indirectly involved in the news as the institution providing the analyst rating. This news does not directly impact Citigroup's stock but reflects on its market analysis capabilities.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 50
NEUTRAL IMPACT
Citigroup has maintained a 'Buy' rating on MarketAxess Holdings but lowered the price target from $330 to $270.
The news is directly about MarketAxess Holdings. While the 'Buy' rating is maintained, the lowering of the price target might indicate a slower growth expectation, which could have a neutral to slightly negative impact on the stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100