Nasdaq shares are trading higher after Morgan Stanley upgraded the stock from Equal-Weight to Overweight and raised its price target from $59 to $80.
Portfolio Pulse from Benzinga Newsdesk
Nasdaq shares have seen an increase in their trading value following an upgrade by Morgan Stanley from Equal-Weight to Overweight, along with a raise in the price target from $59 to $80.
April 09, 2024 | 12:19 pm
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POSITIVE IMPACT
Nasdaq's stock has experienced a positive movement after Morgan Stanley upgraded the stock to Overweight and increased the price target to $80.
The upgrade by Morgan Stanley to Overweight signifies a strong vote of confidence in Nasdaq's future performance. The substantial increase in the price target from $59 to $80 reflects an optimistic outlook on the company's growth prospects, likely leading to increased investor interest and a positive short-term impact on the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100