tiprankstipranks
The Fly

Nasdaq initiated with an Overweight at Barclays

Nasdaq initiated with an Overweight at Barclays

Barclays initiated coverage of Nasdaq with an Overweight rating and $76 price target. With tailwinds from capital markets, “underappreciated” deal-related synergies, operating leverage, and robust cash generation, Nasdaq has one of the most attractive medium-term earnings growth profiles in the exchange space at a reasonable price, the analyst tells investors in a research note.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Questions or Comments about the article? Write to editor@tipranks.com