B of A Securities Upgrades Nasdaq to Buy, Raises Price Target to $90
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has upgraded Nasdaq (NDAQ) from Underperform to Buy, significantly raising its price target from $53 to $90.
September 04, 2024 | 11:31 am
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POSITIVE IMPACT
B of A Securities has upgraded Nasdaq from Underperform to Buy, with a new price target of $90, up from $53. This suggests a positive outlook for Nasdaq's stock.
The upgrade from Underperform to Buy by a major financial institution like B of A Securities is a strong positive signal for investors. The significant increase in the price target from $53 to $90 indicates a bullish outlook on Nasdaq's future performance, likely leading to increased investor interest and a potential rise in stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100