Nasdaq shares are trading higher after B of A Securities upgraded the stock from Underperform to Buy and raised its price target from $53 to $90.
Portfolio Pulse from Benzinga Newsdesk
Nasdaq shares are experiencing a rise in trading after B of A Securities upgraded the stock from Underperform to Buy and increased its price target from $53 to $90.
September 04, 2024 | 2:46 pm
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POSITIVE IMPACT
Nasdaq shares are trading higher following an upgrade by B of A Securities from Underperform to Buy, with a new price target of $90.
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 suggests confidence in Nasdaq's future performance, likely leading to increased investor interest and a rise in stock price.
CONFIDENCE 100
IMPORTANCE 90
RELEVANCE 100