B of A Securities Maintains Underperform on MarketAxess Holdings, Lowers Price Target to $185
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Eli Abboud has maintained an 'Underperform' rating on MarketAxess Holdings (NASDAQ:MKTX) and lowered the price target from $193 to $185.
October 03, 2024 | 5:25 pm
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B of A Securities has maintained an 'Underperform' rating on MarketAxess Holdings and reduced the price target from $193 to $185, indicating a bearish outlook.
The 'Underperform' rating and lowered price target from a major financial institution like B of A Securities suggest a negative outlook for MarketAxess Holdings. This could lead to a decrease in investor confidence and a potential short-term decline in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100