Barclays Starts Nasdaq OMX Group Inc. (NDAQ) at Overweight

April 11, 2024 2:41 AM EDT
Get Alerts NDAQ Hot Sheet
Price: $97.02 -0.58%

Rating Summary:
    23 Buy, 10 Hold, 1 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
Join SI Premium – FREE
(Updated - April 11, 2024 4:39 AM EDT)

Barclays analyst Benjamin Budish initiates coverage on Nasdaq OMX Group Inc. (NASDAQ: NDAQ) with a Overweight rating and a price target of $76.00.

The analyst comments "We initiate coverage of Nasdaq with a $76 price target and Overweight rating. With tailwinds from capital markets,
underappreciated deal-related synergies, operating leverage, and robust cash generation, we see one of the most attractive medium-term earnings growth profiles in the exchange space at a reasonable price."

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.

Shares of Nasdaq OMX Group Inc. closed at $63.01 yesterday.


You May Also Be Interested In





Related Categories

Analyst Comments, New Coverage

Related Entities

Barclays, Earnings