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Investing.com - Raymond (NSE:RYMD) James raised its price target on Nasdaq OMX Group Inc. (NASDAQ:NDAQ) to $99.00 from $96.00 while maintaining an Outperform rating following the company’s second-quarter 2025 earnings release. The stock, which has delivered an impressive 42.5% return over the past year, is currently trading near its 52-week high of $90.83.
The firm cited Nasdaq’s collection of attractive financial technology software businesses paired with what it described as a "generally remarkable index franchise" as key factors supporting the rating.
Raymond James noted that elevated market volatility has helped drive solid results in Nasdaq’s Market Services segment, contributing to the company’s overall performance.
The investment firm believes Nasdaq’s faster-growing and more diversified business model can sustain a higher valuation multiple going forward.
Raymond James continues to view the risk/reward profile for Nasdaq as favorable, supporting its decision to maintain the Outperform rating while raising the price target.
In other recent news, Nasdaq Inc. reported its second-quarter 2025 earnings, which exceeded analysts’ expectations. The company announced an earnings per share (EPS) of $0.85, surpassing the anticipated $0.81. Additionally, Nasdaq achieved a revenue of $1.31 billion, which was above the forecasted $1.28 billion. These results mark a positive development for the company, reflecting strong financial performance. The earnings announcement is a significant event for investors and analysts tracking the company’s financial health. While the stock price movement was noted following the announcement, this article does not provide commentary on that aspect. There were no recent reports of mergers or acquisitions involving Nasdaq Inc. Analyst firms have not recently upgraded or downgraded the stock based on available information. These developments are part of Nasdaq’s ongoing financial narrative.
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