UBS Maintains Buy on MarketAxess Holdings, Lowers Price Target to $285
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Alex Kramm maintains a Buy rating on MarketAxess Holdings (MKTX) but lowers the price target from $305 to $285.
May 08, 2024 | 1:37 pm
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NEUTRAL IMPACT
UBS maintains a Buy rating on MarketAxess Holdings but lowers the price target from $305 to $285.
While the reduction in price target could suggest a tempered outlook on the stock's value, the maintenance of a Buy rating indicates a continued positive view on the company's fundamentals. This mixed signal could lead to neutral short-term price movement as investors weigh the implications.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100