Deep Dive Into MarketAxess Holdings Stock: Analyst Perspectives (4 Ratings)
Portfolio Pulse from Benzinga Insights
MarketAxess Holdings (NASDAQ:MKTX) has received mixed analyst ratings over the past quarter, with 3 indifferent and 1 bearish out of 4 total ratings. The average 12-month price target is $237.5, a decrease from the previous $252.25. Analysts from Morgan Stanley, Barclays, Rosenblatt, and Goldman Sachs have adjusted their price targets, reflecting changes in market conditions and company performance. MarketAxess, an electronic fixed-income trading platform, has shown a revenue growth of 10.87% and maintains strong financial health with high net margin and ROE.
April 09, 2024 | 7:00 pm
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NEUTRAL IMPACT
MarketAxess Holdings has received mixed analyst ratings, with an average 12-month price target of $237.5, reflecting a decrease from the previous target. The company's strong financial health and revenue growth are highlighted.
The mixed analyst ratings with a slight decrease in the average price target suggest a neutral short-term impact on MKTX's stock price. The company's strong financial health and positive revenue growth could counterbalance the lowered expectations, maintaining investor interest.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100