Wells Fargo analyst Christopher Harris maintained a Buy rating on Nasdaq Inc (NASDAQ: NDAQ) yesterday. The company’s shares closed yesterday at $94.13, close to its 52-week high of $96.19.
According to TipRanks.com, Harris is a 4-star analyst with an average return of 14.5% and a 70.9% success rate. Harris covers the Financial sector, focusing on stocks such as Stifel Financial Corp, Interactive Brokers, and E*Trade Financial.
Nasdaq Inc has an analyst consensus of Moderate Buy, with a price target consensus of $92.
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Based on Nasdaq Inc’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $1.15 billion and net profit of $177 million. In comparison, last year the company earned revenue of $971 million and had a net profit of $169 million.
Based on the recent corporate insider activity of 59 insiders, corporate insider sentiment is negative on the stock.
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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.
