Barclays Maintains Equal-Weight on MarketAxess Holdings, Lowers Price Target to $225
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Benjamin Budish maintains an Equal-Weight rating on MarketAxess Holdings (MKTX) and lowers the price target from $236 to $225.

May 08, 2024 | 6:49 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Barclays maintains an Equal-Weight rating on MarketAxess Holdings and lowers the price target from $236 to $225.
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 the analyst views the company as adequately valued at its current price, but the lowered price target indicates a revision of the expected future stock performance.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100