Piper Sandler Sticks to Its Buy Rating for Nasdaq (NDAQ)
Piper Sandler analyst Patrick Moley maintained a Buy rating on Nasdaq today and set a price target of $104.00.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
According to TipRanks, Moley is a 5-star analyst with an average return of 31.8% and a 71.98% success rate. Moley covers the Financial sector, focusing on stocks such as BGC Group, Robinhood, and Interactive Brokers.
In addition to Piper Sandler, Nasdaq also received a Buy from Barclays’s Benjamin Budish in a report issued on April 13. However, on April 8, KBW resumed coverage with a Hold rating on Nasdaq (NASDAQ: NDAQ).
Based on Nasdaq’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $2.08 billion and a net profit of $519 million. In comparison, last year the company earned a revenue of $2.03 billion and had a net profit of $355 million
Based on the recent corporate insider activity of 85 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of NDAQ in relation to earlier this year.
Read More on NDAQ:
Disclaimer & DisclosureReport an Issue
- 3 Penny Stocks to Watch Now, 4/14/26
- SHOP, LULU, RY: Canada’s Stock Market Rallies as Prime Minister Carney Secures Majority Government
- Nasdaq: Durable High-Margin Growth and Trading Strength Support Buy Rating and $120 Upside Target
- Nasdaq price target lowered to $114 from $116 at Barclays
- SHOP, LULU, ROOT: Canada’s Job Market Remains Anemic as Tariffs Batter the Economy
