Barclays Maintains Equal-Weight on MarketAxess Holdings, Lowers Price Target to $236
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Benjamin Budish maintains an Equal-Weight rating on MarketAxess Holdings (MKTX) and lowers the price target from $239 to $236.

April 08, 2024 | 2:20 pm
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Barclays maintains an Equal-Weight rating on MarketAxess Holdings and lowers the price target from $239 to $236.
The reduction in price target by Barclays, a major financial institution, could lead to a negative short-term sentiment among investors, potentially causing a decrease in MKTX's stock price. The Equal-Weight rating suggests that Barclays views MKTX as fairly valued at its current price, but the lowered price target indicates a slight adjustment in their valuation model.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100