Rosenblatt Securities Forecasts Strong Price Appreciation for Miami International (NYSE:MIAX) Stock

Rosenblatt Securities has increased its price target for Miami International (NYSE:MIAX) to $62 from $61, maintaining a "buy" rating and suggesting a potential upside of 35.16%. This upgrade comes despite a broader "Hold" consensus among analysts with an average target of $52. Miami International recently reported strong quarterly results, with EPS of $0.48 beating estimates and revenue up 34.8% year-over-year, even as insiders have sold a significant number of shares.