NIQ Global price target lowered to $12 from $21 at Needham

Needham analyst Kyle Peterson lowered the firm’s price target on NIQ Global (NIQ) to $12 from $21 and keeps a Buy rating on the shares. The company’s Q1 results beat the Street on both the top and bottom line, driven by strong core growth, FX tailwinds, and ongoing efficiency initiatives, though shares traded lower on a reiterated FX-neutral full-year outlook and a call for modestly higher restructuring costs in 2026, the analyst tells investors in a research note.