Keefe Bruyette initiated coverage of Miami International (MIAX) with a Market Perform rating and $37 price target The firm sees clear catalysts for potential upside to industry volumes and market share gains for Miami but notes the stock has performed exceptionally well since the initial public offering. Keefe sees relatively modest further upside, partially due to the impact of additional dilution at current share prices.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MIAX:
- Miami International initiated with an Overweight at Piper Sandler
- Miami International initiated with an Overweight at Morgan Stanley
- Eight new option listings and two option delistings on August 20th
- Miami International Holdings Ends Loan Agreement
- Opening Day: Bullish has extremely bullish first day of trading