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Do Analysts Expect Marketaxess Holdings Inc (MKTX) Stock to Rise After It Has Risen 8.34% in a Month?

Tuesday, November 28, 2023 01:59 PM | InvestorsObserver Analysts

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Do Analysts Expect Marketaxess Holdings Inc (MKTX) Stock to Rise After It Has Risen 8.34% in a Month?

InvestorsObserver is giving Marketaxess Holdings Inc (MKTX) an Analyst Rating Rank of 20, meaning MKTX is ranked higher by analysts than 20% of stocks. The average price target for MKTX is $259.181 and analyst’s rate the stock as a Buy.

Overall Score - 3.5
Wall Street analysts are rating MKTX a Buy today. Find out what this means to you and get the rest of the rankings on MKTX!

Why are Analyst Ratings Important?

Though analyst projections should not be your only resource when determining your position on a stock, it can be a very useful tool. Analysts follow sectors/industries in-depth and tend to know how local and global conditions tend to affect demand and prices. Many analysts even participate in conference calls where they can get information to better make sense of the numbers. InvestorsObserver averages the ratings provided by analysts and then ranks their score as a percent against the market. This allows you to compare stocks in a more comprehensive fashion than with the typical buy/sell/hold ranking.

What's Happening With Marketaxess Holdings Inc Stock Today?

Marketaxess Holdings Inc (MKTX) stock is trading at $232.02 as of 1:47 PM on Tuesday, Nov 28, a gain of $1.74, or 0.76% from the previous closing price of $230.28. The stock has traded between $230.00 and $232.81 so far today. Volume today is light. So far 68,975 shares have traded compared to average volume of 379,246 shares. Click Here to get the full Stock Report for Marketaxess Holdings Inc stock.

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