Nasdaq’s Road Ahead Marked By Tech Innovation, Market Expansion, And Less Debt: Goldman Sachs
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Shares of Nasdaq Inc (NASDAQ: NDAQ) were under pressure last week, following a secondary offering of its shares by Borse Dubai.
Following several years of repressed growth, the company’s earnings trajectory is poised to accelerate in 2025 and 2026, according to Goldman Sachs.
The Nasdaq Analyst: Alexander Blostein upgraded the rating for Nasdaq from Neutral to Buy, with a price target of $73.
The Nasdaq Thesis: The company’s earnings growth could accelerate from merely 5% from 2021 to 2024, to around 12% over the next two years, Blostein said …
Full story available on Benzinga.com
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