Nasdaq price target raised to $105 from $103 at BofA

BofA analyst Craig Siegenthaler raised the firm’s price target on Nasdaq (NDAQ) to $105 from $103 and keeps a Buy rating on the shares. The increasingly uncertain macroeconomic and geopolitical backdrop produced “ideal conditions for trading across asset classes,” says the analyst, who raised EPS for market structure stocks ahead of earnings from the exchange group.

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