MarketAxess price target raised to $226 from $223 at Keefe Bruyette

Keefe Bruyette analyst Kyle Voigt raised the firm’s price target on MarketAxess (MKTX) to $226 from $223 and keeps a Market Perform rating on the shares. Consensus is not fully reflecting the potential blended fee per million headwind of the likely protocol mix that lies ahead, the analyst tells investors in a research note.