Raymond James Financial Begins Coverage on Miami International (NYSE:MIAX)

Stock analysts at Raymond James Financial began coverage on shares of Miami International (NYSE:MIAX) in a research note issued to investors on Monday,Benzinga reports. The firm set a “market perform” rating on the stock.

MIAX has been the subject of several other reports. Piper Sandler assumed coverage on shares of Miami International in a research note on Monday. They issued an “overweight” rating and a $39.00 price target for the company. Rosenblatt Securities initiated coverage on shares of Miami International in a research report on Monday. They set a “buy” rating and a $50.00 target price for the company. Morgan Stanley initiated coverage on shares of Miami International in a research report on Monday. They set an “overweight” rating and a $42.00 target price for the company. Keefe, Bruyette & Woods initiated coverage on shares of Miami International in a research report on Monday. They set a “market perform” rating and a $37.00 target price for the company. Finally, Wall Street Zen raised shares of Miami International to a “hold” rating in a research report on Saturday, August 23rd. Three equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, Miami International currently has an average rating of “Moderate Buy” and an average price target of $42.00.

Miami International Stock Performance

MIAX opened at $35.01 on Monday. Miami International has a 1-year low of $28.63 and a 1-year high of $38.44.

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.