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Jefferies Sticks to Their Hold Rating for Nasdaq (NDAQ)

Tipranks - Tipranks - Fri Feb 27, 9:57AM CST

Jefferies analyst maintained a Hold rating on Nasdaq today and set a price target of $101.00.

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In addition to Jefferies, Nasdaq also received a Hold from TipRanks – Anthropic’s Anthropic Financial – Data and Stock Exchanges in a report issued on February 13. However, today, Morgan Stanley maintained a Buy rating on Nasdaq (NASDAQ: NDAQ).

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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.

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