Goldman Sachs Maintains Neutral on MarketAxess Holdings, Lowers Price Target to $225
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Alexander Blostein maintains a Neutral rating on MarketAxess Holdings (MKTX) and lowers the price target from $263 to $225.
February 01, 2024 | 2:03 pm
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NEGATIVE IMPACT
Goldman Sachs maintains a Neutral rating on MarketAxess Holdings and lowers the price target from $263 to $225.
The reduction in the price target by Goldman Sachs, a major financial institution, could lead to a negative short-term sentiment among investors, potentially causing a decrease in MKTX's stock price. The Neutral rating suggests no significant positive catalysts in the near term to counterbalance the lowered price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100