Breaking Down Nasdaq: 6 Analysts Share Their Views
Portfolio Pulse from Benzinga Insights
Six analysts have recently shared their diverse evaluations of Nasdaq (NASDAQ:NDAQ), ranging from bullish to bearish, with an updated 12-month price target average of $69.5, marking a 12.55% increase from the previous target. The ratings reflect a positive shift in sentiment towards NDAQ, with notable actions including price target adjustments by analysts from Goldman Sachs, Piper Sandler, Oppenheimer, Rosenblatt, UBS, and Citigroup. Nasdaq's financial performance analysis reveals a below-industry average market capitalization, a 4.11% revenue growth rate over three months, a net margin of 11.96%, an exceptional ROE of 2.28%, a below-average ROA of 0.7%, and a high debt-to-equity ratio of 1.01.

March 26, 2024 | 1:00 pm
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Nasdaq's stock (NDAQ) has received diverse analyst ratings, with a positive shift in the 12-month price target average to $69.5, indicating a bullish sentiment. Financial performance analysis shows growth but highlights challenges in profitability and debt management.
The positive shift in analyst sentiment, reflected in the updated 12-month price target average, suggests a bullish outlook for NDAQ in the short term. However, investors should also consider the financial performance challenges highlighted, such as below-average profitability and high debt levels, which could impact long-term performance.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100