A Historic Look At Today's Analyst Actions: Nasdaq and Bear Stearns

Includes: BSC, NDAQ
by: TickerSense

For people who watch and monitor analyst actions, today we had a relatively rare event occur. The two analysts (as tracked by Bloomberg) with the best track records on Nasdaq (NASDAQ:NDAQ) changed their ratings in opposite directions, but now end up with the same rating. Prudential upgraded the stock to a hold from underperform, while CIBC downgraded the stock to a hold from outperform.

ndaq prudential

ndaq cibc

Meanwhile, Credit Suisse upgraded Bear Stearns (NYSE:BSC) to Outperform from Neutral and raised their price target on the stock from $172 to $190. See below for their historical calls on Bear Stearns.

bsc upgrade

About this article:

Want to share your opinion on this article? Add a comment.
Disagree with this article? .
To report a factual error in this article, click here