JPMorgan Chase & Co. Initiates Coverage on Miami International (NYSE:MIAX)

Research analysts at JPMorgan Chase & Co. started coverage on shares of Miami International (NYSE:MIAX) in a research note issued on Monday,Benzinga reports. The brokerage set a “neutral” rating and a $32.00 price target on the stock. JPMorgan Chase & Co.‘s price objective suggests a potential downside of 14.39% from the company’s previous close.

Other analysts also recently issued research reports about the stock. Raymond James Financial initiated coverage on shares of Miami International in a report on Monday. They issued a “market perform” rating for the company. Wall Street Zen upgraded shares of Miami International to a “hold” rating in a report on Saturday, August 23rd. Morgan Stanley initiated coverage on shares of Miami International in a report on Monday. They issued an “overweight” rating and a $42.00 price objective for the company. William Blair started coverage on shares of Miami International in a report on Monday. They issued an “outperform” rating for the company. Finally, Piper Sandler started coverage on shares of Miami International in a report on Monday. They set an “overweight” rating and a $39.00 price target for the company. Four analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, Miami International presently has an average rating of “Moderate Buy” and a consensus price target of $40.00.

Miami International Stock Down 1.0%

MIAX stock opened at $37.38 on Monday. Miami International has a 12 month low of $28.63 and a 12 month high of $39.13.

Miami International Company Profile

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.