Miami International (NYSE:MIAX) Coverage Initiated at Rosenblatt Securities

Key Points

• Rosenblatt Securities initiated coverage on Miami International (NYSE:MIAX) with a buy rating and a price target of $50.00, indicating a potential upside of 42.82% from its previous close.
• Other analysts, including Keefe, Bruyette & Woods, and Morgan Stanley, have set target prices of $37.00 and $42.00, respectively, with a consensus rating of Moderate Buy.
• As of Monday, Miami International shares opened at $35.01, having experienced a one-year low of $28.63 and a high of $38.44.

Investment analysts at Rosenblatt Securities initiated coverage on shares of Miami International (NYSE:MIAX - Get Free Report) in a report released on Monday,Benzinga reports. The brokerage set a "buy" rating and a $50.00 price target on the stock. Rosenblatt Securities' price target suggests a potential upside of 42.82% from the company's previous close.

A number of other equities analysts have also recently issued reports on the company. Keefe, Bruyette & Woods initiated coverage on Miami International in a report on Monday. They set a "market perform" rating and a $37.00 target price on the stock. Morgan Stanley started coverage on shares of Miami International in a research report on Monday. They set an "overweight" rating and a $42.00 price target on the stock. Finally, Wall Street Zen upgraded shares of Miami International to a "hold" rating in a research note on Saturday, August 23rd. Three investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $42.00.

Miami International Price Performance

Shares of NYSE:MIAX opened at $35.01 on Monday. Miami International has a fifty-two week low of $28.63 and a fifty-two week 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.

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