Zacks Research Upgrades Miami International (NYSE:MIAX) to “Hold”

Miami International (NYSE:MIAX) was upgraded by investment analysts at Zacks Research to a “hold” rating in a research report issued on Tuesday,Zacks.com reports.

Other equities research analysts have also issued reports about the stock. Wall Street Zen upgraded shares of Miami International to a “hold” rating in a report on Saturday, August 23rd. JPMorgan Chase & Co. began coverage on Miami International in a research note on Monday. They issued a “neutral” rating and a $32.00 price objective on the stock. Morgan Stanley started coverage on Miami International in a research note on Monday. They set an “overweight” rating and a $42.00 target price for the company. Piper Sandler began coverage on Miami International in a research report on Monday. They issued an “overweight” rating and a $39.00 price target on the stock. Finally, Rosenblatt Securities initiated coverage on Miami International in a research note on Monday. They issued a “buy” rating and a $50.00 price objective for the company. Four investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $40.00.

Miami International Stock Down 1.2%

Shares of NYSE MIAX opened at $36.87 on Tuesday. Miami International has a twelve month low of $28.63 and a twelve month high of $39.13.

About Miami International

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.