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Wall Street Analysts Are Bearish on Top Financial Picks

Tipranks - Wed Feb 4, 5:54AM CST

Analysts are pulling back from the Financial sector as 2 experts expressed today bearish sentiments on Marketaxess Holdings (MKTXResearch Report) and Figure Technology Solutions, Inc. Class A (FIGRResearch Report).

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Marketaxess Holdings (MKTX)

In a report released today, Eli Abboud from Bank of America Securities maintained a Sell rating on Marketaxess Holdings, with a price target of $179.00. The company’s shares closed last Monday at $166.34.

According to TipRanks.com, Abboud is a 2-star analyst with an average return of 3.2% and a 38.1% success rate. Abboud covers the Financial sector, focusing on stocks such as Cboe Global Markets, BGC Group, and Nasdaq. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Marketaxess Holdings with a $194.14 average price target.

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Figure Technology Solutions, Inc. Class A (FIGR)

Bank of America Securities analyst Craig Siegenthaler downgraded Figure Technology Solutions, Inc. Class A to Sell today and set a price target of $42.00. The company’s shares closed last Monday at $52.31.

According to TipRanks.com, Siegenthaler is a 5-star analyst with an average return of 20.1% and a 62.8% success rate. Siegenthaler covers the Financial sector, focusing on stocks such as Intercontinental Exchange, Apollo Global Management, and Victory Capital Holdings. ;'>

Figure Technology Solutions, Inc. Class A has an analyst consensus of Strong Buy, with a price target consensus of $64.38.

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