Shares of NYSE Euronext (NYX) Fall Back Slightly; Susquehanna Downgrades; Citi Starts Research Coverage

Shares of NYSE Euronext (NYSE: NYX) dropped at the open, but have since made up some ground. The stock is currently trading at $28.86, down $0.08 (-0.29%).

Last Friday, Feb 10. (pre-open) NYX reported Q4 EPS of $0.50, $0.02 better than estimates. Revenues were $628 million vs the consensus estimate of $625.55 million. The Company also announced it had formally cancelled its merger agreement with Deutsche Boerse. However, Friday, the stock moved up $1.25 (+4.4%).

This morning, Susquehanna downgraded shares of NYSE Euronext from 'Positive' to 'Neutral', but raised their price target from $29 to $33.

Also, Citi resumed research coverage on NYSE Euronext with a 'Neutral' rating.

According to StreetInsider's Rating Insider, there are currently four firms with a 'Buy' rating on NYX and nine with a 'Neutral' rating.

To see more ratings on NYX, Click Here

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Analyst Comments, Downgrades, New Coverage

Related Entities

Citi, Susquehanna International Group of Companies, NYSE Euronext and Deutsche Boerse Merger

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