Oppenheimer analyst Owen Lau maintained a Buy rating on Nasdaq (NDAQ – Research Report) today and set a price target of $68.00. The company’s shares closed yesterday at $57.77.
According to TipRanks, Lau is a 5-star analyst with an average return of 11.3% and a 73.27% success rate. Lau covers the Financial sector, focusing on stocks such as Coinbase Global, Cboe Global Markets, and S&P Global.
In addition to Oppenheimer, Nasdaq also received a Buy from KBW’s Kyle Voigt in a report issued today. However, yesterday, Goldman Sachs maintained a Hold rating on Nasdaq (NASDAQ: NDAQ).
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Based on Nasdaq’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $1.45 billion and a net profit of $294 million. In comparison, last year the company earned a revenue of $1.56 billion and had a net profit of $294 million
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Nasdaq (NDAQ) Company Description:
Founded in 1971, New York-based Nasdaq, Inc. is a multinational financial services corporation that serves capital markets and other industries worldwide. It operates through the following segments: Market Services, Corporate Services, Information Services and Market Technology.
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