Piper Sandler Maintains Neutral on MarketAxess Holdings, Lowers Price Target to $237
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Patrick Moley maintains a Neutral rating on MarketAxess Holdings (MKTX) and lowers the price target from $250 to $237.
April 12, 2024 | 12:38 pm
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NEGATIVE IMPACT
Piper Sandler maintains a Neutral rating on MarketAxess Holdings and lowers the price target from $250 to $237.
The reduction in the price target by Piper Sandler 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 75
RELEVANCE 100