Miami International (NYSE:MIAX) Rating Increased to Hold at Zacks Research

Zacks Research upgraded shares of Miami International (NYSE:MIAX) to a hold rating in a report published on Tuesday morning,Zacks.com reports.

A number of other equities analysts have also recently commented on MIAX. Rosenblatt Securities began coverage on shares of Miami International in a research note on Monday. They issued a “buy” rating and a $50.00 price target for the company. Keefe, Bruyette & Woods initiated coverage on shares of Miami International in a report on Monday. They set a “market perform” rating and a $37.00 price objective for the company. Wall Street Zen raised Miami International to a “hold” rating in a research note on Saturday, August 23rd. William Blair began coverage on Miami International in a research report on Monday. They set an “outperform” rating on the stock. Finally, Raymond James Financial assumed coverage on Miami International in a research note on Monday. They set a “market perform” rating for the company. Four research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $40.00.

Miami International Trading Down 1.2%

MIAX stock opened at $36.87 on Tuesday. Miami International has a 1-year low of $28.63 and a 1-year high of $39.13.

Miami International Company Profile

We are a technology-driven leader in building and operating regulated financial marketplaces across multiple asset classes and geographies. Our MIAX Exchanges, MIAX Futures and BSX marketplaces are enabled by our in-house built, proprietary technology. We believe the speed and performance of our proprietary technology coupled with our fully integrated, award-winning customer service, sets us apart from our competitors.