Information Provided By:
Fly News Breaks for February 12, 2018
NDAQ
Feb 12, 2018 | 05:29 EDT
Wells Fargo analyst Christopher Harris upgraded Nasdaq to Outperform and raised his price target for the shares to $85 from $83. The company is at an inflection point where both its trading and non-trading segments will begin to generate faster growth, Harris tells investors in a research note. He sees a "pathway to much higher profit margin" over the next two years and believes the stock is "relatively inexpensive" at a discount to the S&P 500 Index. Higher volatility could help trading grow for first time in two years, while Nasdaq's business restructuring should accrete to both margins and growth, the analyst contends.
News For NDAQ From the Last 2 Days
There are no results for your query NDAQ