Nasdaq price target raised to $88 from $87 at Keefe Bruyette

Keefe Bruyette analyst Kyle Voigt raised the firm’s price target on Nasdaq (NDAQ) to $88 from $87 and keeps an Outperform rating on the shares. The firm had already expected a more cautious tone on elongating sales cycles in Nasdaq’s capital markets technology segment, the analyst tells investors in a research note.