Results for: NDAQ

RBC Capital analyst Ashish Sabadra has initiated coverage on Nasdaq Inc (NDAQ) with an ‘Outperform’ rating and a price target of $88, citing strong growth prospects and a recurring revenue stream following the acquisition of Adenza. The analyst expects Nasdaq to deliver mid-term revenue growth of 10%-14% in Financial Technology, driven by secular trends like cloud computing and digital transformation.

Nasdaq Inc (NDAQ) stock surged after Bank of America Securities analyst Craig Siegenthaler upgraded the stock to a Buy rating and raised its price target to $90. Siegenthaler believes Nasdaq is poised for growth driven by an expected rebound in initial public offerings (IPOs) and the company’s strong solutions and fintech segments.