Rosenblatt Downgrades Nasdaq to Neutral, Lowers Price Target to $64
Portfolio Pulse from Benzinga Newsdesk
Rosenblatt analyst Andrew Bond downgrades Nasdaq (NDAQ) from Buy to Neutral and lowers the price target from $76 to $64.

May 08, 2024 | 12:31 pm
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Rosenblatt analyst Andrew Bond downgraded Nasdaq from Buy to Neutral and reduced the price target from $76 to $64.
The downgrade from Buy to Neutral by a prominent analyst, along with a significant reduction in the price target, is likely to negatively impact investor sentiment towards NDAQ in the short term. This could lead to a decrease in stock price as market participants adjust their expectations based on the new analyst outlook.
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IMPORTANCE 90
RELEVANCE 100