Miami International (NYSE:MIAX) Now Covered by Keefe, Bruyette & Woods

Key Points

• Equities researchers at Keefe, Bruyette & Woods initiated coverage of Miami International (NYSE: MIAX), setting a "market perform" rating with a price target of $37.00, suggesting a potential upside of 5.68% from the stock's previous close.
• Other analysts, including Morgan Stanley, have rated Miami International with a consensus rating of "Moderate Buy" and a price target of $42.00.
• As of Monday, Miami International's stock opened at $35.01 and has fluctuated between a one-year low of $28.63 and a high of $38.44.

Equities researchers at Keefe, Bruyette & Woods initiated coverage on shares of Miami International (NYSE:MIAX - Get Free Report) in a research note issued to investors on Monday,Benzinga reports. The brokerage set a "market perform" rating and a $37.00 price target on the stock. Keefe, Bruyette & Woods' target price would indicate a potential upside of 5.68% from the stock's previous close.

Several other equities analysts also recently weighed in on the company. Wall Street Zen raised Miami International to a "hold" rating in a research report on Saturday, August 23rd. Morgan Stanley initiated coverage on Miami International in a research report on Monday. They set an "overweight" rating and a $42.00 target price on the stock. Three investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, Miami International presently has a consensus rating of "Moderate Buy" and a consensus price target of $42.00.

Miami International Stock Down 1.4%

NYSE: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.

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