Deutsche Bank analyst Brian Bedell lowered the firm’s price target on MarketAxess to $240 from $272 and keeps a Hold rating on the shares. The company reported a good Q4 but a slowdown in high yield trading could be a material 2024 headwind, the analyst tells investors in a research note.
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>>
See today’s best-performing stocks on TipRanks >>
Read More on MKTX: