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Nasdaq Inc Receives a Hold from Jefferies


Jefferies analyst Daniel Fannon reiterated a Hold rating on Nasdaq Inc (NASDAQ: NDAQ) on July 12 and set a price target of $90. The company’s shares closed yesterday at $93.11, close to its 52-week high of $96.19.

According to TipRanks.com, Fannon is a top 100 analyst with an average return of 15.9% and a 77.2% success rate. Fannon covers the Financial sector, focusing on stocks such as WisdomTree Investments, Gain Capital Holdings, and Federated Investors.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Nasdaq Inc with a $96.83 average price target.

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The company has a one-year high of $96.19 and a one-year low of $69.52. Currently, Nasdaq Inc has an average volume of 930.8K.

Based on the recent corporate insider activity of 59 insiders, corporate insider sentiment is negative on the stock.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Nasdaq, Inc. is a holding company, which engages in trading, clearing, exchange technology, regulatory, securities listing and public company services. It operates through the following segments: Market Services, Corporate Services, Information Services and Market Technology.