KBW Keeps Their Buy Rating on Nasdaq (NDAQ)

In a report released today, Kyle Voigt from KBW maintained a Buy rating on Nasdaq (NDAQResearch Report), with a price target of $67.00. The company’s shares opened today at $57.88.

According to TipRanks, Voigt is a 4-star analyst with an average return of 10.3% and a 67.14% success rate. Voigt covers the Financial sector, focusing on stocks such as Marketaxess Holdings, Raymond James Financial, and Nasdaq.

Nasdaq has an analyst consensus of Moderate Buy, with a price target consensus of $67.20, a 16.10% upside from current levels. In a report released today, Oppenheimer also maintained a Buy rating on the stock with a $66.00 price target.

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Based on Nasdaq’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $1.56 billion and a net profit of $294 million. In comparison, last year the company earned a revenue of $1.36 billion and had a net profit of $288 million

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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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