Acquisitions help Nasdaq beat profit estimates

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Nasdaq OMX Group Inc. (NDAQ) PT Lowered to $81 at UBS Following 1Q Revenue Miss; 'Organic Growth Drops with Pressure from Poor Environment'

April 27, 2017 10:50 AM EDT

UBS lowered its price target on Nasdaq OMX Group Inc. (NASDAQ: NDAQ) to $81.00 (from $85.00) while maintaining a Buy rating, following the company's first quarter report.

Analyst Alex Kramm notes the company's shares have underperformed since the first quarter print, as organic growth slowed,... More