Seeking Alpha

Nasdaq OMX (NDAQ) is upgraded to Outperform with a targeted price range of $38-$42 from...

Nasdaq OMX (NDAQ) is upgraded to Outperform with a targeted price range of $38-$42 from $28-$31, driven by a relatively strong EPS outlook, continued investor appreciation for non-trading businesses and multiple expansion which the firm thinks could accelerate if the ICE-NYSE merger is consummated.
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