Nasdaq Inc Receives a Hold from Jefferies

By Austin Angelo

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, 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.

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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.