Nasdaq Upgraded to Buy as Analysts See Strong EPS Growth Potential
Nasdaq Upgraded to Buy as Analysts See Strong EPS Growth Potential
Deutsche Bank upgraded Nasdaq OMX Group (NASDAQ:NDAQ) to Buy from Hold, boosting the price target to $98 from $80, reflecting confidence in Nasdaq’s ability to achieve double-digit EPS growth through 2025-2027.
Following several years of constrained EPS expansion, Nasdaq is poised for acceleration in earnings after completing its Adenza acquisition in late 2023. This strategic move positions Nasdaq to stand out from peers projected for limited EPS growth.
Analysts emphasize that this stronger growth profile marks Nasdaq as a compelling investment opportunity in the securities exchange field, setting it apart from competitors with lower growth prospects.