Keefe, Bruyette & Woods Maintains Market Perform on MarketAxess Holdings, Lowers Price Target to $230
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst Kyle Voigt maintains a Market Perform rating on MarketAxess Holdings (MKTX) and lowers the price target from $235 to $230.

May 08, 2024 | 1:46 pm
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NEUTRAL IMPACT
MarketAxess Holdings' price target was lowered from $235 to $230 by Keefe, Bruyette & Woods, while maintaining a Market Perform rating.
The adjustment in price target by a notable analyst firm like Keefe, Bruyette & Woods can influence investor sentiment, but the maintenance of a Market Perform rating suggests a neutral outlook on the stock's short-term performance. The slight decrease in the price target may reflect minor adjustments in valuation models or market conditions, but it's not indicative of a significant change in the company's fundamentals or market position.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100