Barclays Maintains Overweight on Nasdaq, Lowers Price Target to $73
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Benjamin Budish maintains an Overweight rating on Nasdaq (NDAQ) but lowers the price target from $76 to $73.

April 26, 2024 | 2:17 pm
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NEUTRAL IMPACT
Barclays maintains an Overweight rating on Nasdaq but lowers the price target from $76 to $73.
While the reduction in price target could suggest a slightly less optimistic outlook on Nasdaq's future performance, the maintenance of an Overweight rating indicates continued confidence in the company's fundamentals. This mixed signal might lead to a neutral short-term impact on the stock price as investors weigh the lowered price target against the positive rating.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100