Raymond James Cuts Nasdaq (NDAQ) to Market Perform as Facebook Debacle Weighs
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Price: $97.02 -0.58%
Rating Summary:
23 Buy, 10 Hold, 1 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
23 Buy, 10 Hold, 1 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Raymond James downgraded shares of Nasdaq OMX Group Inc. (NASDAQ: NDAQ) Wednesday morning as the Street continues to weigh the debacle with the Facebook IPO. The firm now rates the stock a Market Perform, down from Outperform previously.
Elsewhere on the Street, Detusche Bank also downgraded shares of Nasdaq.
Notably, Nasdaq shares are down about 6 percent since Facebook debuted on the exchange.
The stock is down 2.9 percent to $21.67 at last check.
For an analyst ratings summary and ratings history on Nasdaq OMX Group Inc. click here. For more ratings news on Nasdaq OMX Group Inc. click here.
Elsewhere on the Street, Detusche Bank also downgraded shares of Nasdaq.
Notably, Nasdaq shares are down about 6 percent since Facebook debuted on the exchange.
The stock is down 2.9 percent to $21.67 at last check.
For an analyst ratings summary and ratings history on Nasdaq OMX Group Inc. click here. For more ratings news on Nasdaq OMX Group Inc. click here.
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