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Keefe, Bruyette & Woods upgrades MarketAxess (MKTX -3.3%) to Outperform with an improved price...

Keefe, Bruyette & Woods upgrades MarketAxess (MKTX -3.3%) to Outperform with an improved price target of $40. Analysts Miamh Alexander sees the dip created from headlines on Blackrock's competing product providing a good entry point.
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