Miami International (NYSE:MIAX) Now Covered by Raymond James Financial

Key Points

• Raymond James Financial has initiated coverage on Miami International (NYSE:MIAX) with a "market perform" rating, while several other firms have also issued varying ratings and price targets for the stock.
• The consensus rating for MIAX is currently a "Moderate Buy" with an average target price of $42.00, based on evaluations from multiple analysts.
• As of Monday, MIAX shares opened at $35.01, experiencing a decline of 1.4%, with a 52-week range between $28.63 and $38.44.

Equities researchers at Raymond James Financial started coverage on shares of Miami International (NYSE:MIAX - Get Free Report) in a research report issued on Monday, Marketbeat.com reports. The firm set a "market perform" rating on the stock.

A number of other brokerages have also issued reports on MIAX. Keefe, Bruyette & Woods initiated coverage on shares of Miami International in a research note on Monday, September 8th. They set a "market perform" rating and a $37.00 price target on the stock. Wall Street Zen upgraded shares of Miami International to a "hold" rating in a research report on Saturday, August 23rd. Piper Sandler assumed coverage on shares of Miami International in a report on Monday, September 8th. They set an "overweight" rating and a $39.00 price objective on the stock. Morgan Stanley assumed coverage on shares of Miami International in a research note on Monday, September 8th. They issued an "overweight" rating and a $42.00 price target on the stock. Finally, Rosenblatt Securities began coverage on shares of Miami International in a research note on Monday, September 8th. They issued a "buy" rating and a $50.00 price target on the stock. Four analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $40.00.

Miami International Stock Performance

Miami International stock traded up $0.08 during mid-day trading on Monday, reaching $37.47. 408,492 shares of the company traded hands, compared to its average volume of 1,103,331. Miami International has a fifty-two week low of $28.63 and a fifty-two week 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.