Nasdaq OMX Group Inc. (NDAQ) PT Raised to $100 at UBS

UBS raised its price target on Nasdaq OMX Group Inc. (NASDAQ: NDAQ) to $100.00 (from $97.00) while maintaining a Buy rating.

Analyst Alex Kramm is raising EPS on strong QTD trends and remains bullish on preferred value exchange.

The firm is raising 1Q EPS estimate to $1.23 from $1.18. This is now $0.08 above the Street consensus.

"Volumes for February were mostly higher across geographies, including strength in the core US equities and options markets," the analyst commented. "In addition, this was helped by continued growth in NDAQ-linked ETPs, with higher average AUM leading to a 1% lift in expected subscription revenues."

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