Piper Sandler lowered the firm’s price target on MarketAxess (MKTX) to $202 from $213 and keeps a Neutral rating on the shares following quarterly results. Despite stronger than expected volumes and market share trends in April, the firm is reducing its EPS estimates due to lower FPM and tax rate expectations.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MKTX:
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue