Morgan Stanley raised the firm’s price target on Nasdaq (NDAQ) to $90 from $86 and keeps an Equal Weight rating on the shares. The firm is updating its price targets for stocks in the Brokers & Exchanges North America sector under its coverage, the analyst tells investors. The firm believes brokers are poised to benefit from growth due to better visibility around rates paths and continued retail engagement.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NDAQ:
- Goldman Sachs (GS) Forecasts a Year-End ‘Santa Claus Rally’
- 2025 IPO Winners and Losers: Figma, Bullish, Klarna Lead $31 Billion Comeback
- Nasdaq, Amazon Web Services expand technology partnership
- Goldman Sachs (GS) Raises Its Year-End Target on the S&P 500 Index
- GAP, ELF, OPY: Small-Cap Stocks Hit Record Highs