Morgan Stanley believes this new exchange play has nearly 70% upside

Morgan Stanley is bullish on financial exchange Miami International Holdings . The investment bank initiated research coverage of Miami International with an outperform rating Monday, alongside a $42 per share price target, implying more than 20% upside from Friday’s $34.95 close. The firm’s bull case, a price target of $60 per share, would amount to…

Stocks making the biggest moves midday: Miami International, Paramount Skydance, Advance Auto Parts and more

Check out the companies making the biggest moves midday: Miami International Holdings — The parent of Miami-based exchange operator MIAX surged more than 43% in its public market debut at the New York Stock Exchange. The company priced its initial public offering at $23 per share. It last traded above $31. Paramount Skydance — The…