Barclays Sticks to Its Buy Rating for Nasdaq (NDAQ)
Barclays analyst Benjamin Budish maintained a Buy rating on Nasdaq today and set a price target of $115.00.
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Budish covers the Financial sector, focusing on stocks such as Robinhood, Coinbase Global, and Nasdaq. According to TipRanks, Budish has an average return of 8.9% and a 55.81% success rate on recommended stocks.
In addition to Barclays, Nasdaq also received a Buy from Morgan Stanley’s Michael Cyprys in a report issued on February 23. However, on February 13, TipRanks – xAI reiterated 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
- Nasdaq raises medium-term Solutions revenue growth outlook to 9%-12%
- Nasdaq outlines strategy for next phase of scalable growth
- Nasdaq reaffirms FY26 non-GAAP operating expense guidance
- Bitcoin Faces a Fragile Moment as Peter Schiff Warns of a Deep Crash to $20,000
- Unusually active option classes on open February 19th
