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NASDAQ OMX Group (NASDAQ:NDAQ) was upgraded by analysts at Credit Suisse from a “neutral” rating to an “outperform” rating in a research report issued to clients and investors on Friday, AnalystRatingsNetwork.com reports. The firm currently has a $42.00 target price on the stock, up from their previous target price of $40.00. Credit Suisse’s price objective points to a potential upside of 16.47% from the company’s current price.

Shares of NASDAQ OMX Group (NASDAQ:NDAQ) traded down 0.44% during mid-day trading on Friday, hitting $36.06. 1,455,560 shares of the company’s stock traded hands. NASDAQ OMX Group has a 52-week low of $29.51 and a 52-week high of $41.25. The stock’s 50-day moving average is $36.05 and its 200-day moving average is $37.89. The company has a market cap of $6.154 billion and a price-to-earnings ratio of 14.01.

NASDAQ OMX Group (NASDAQ:NDAQ) last issued its quarterly earnings data on Thursday, April 24th. The company reported $0.72 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.71 by $0.01. The company had revenue of $529.00 million for the quarter, compared to the consensus estimate of $526.55 million. During the same quarter in the prior year, the company posted $0.64 earnings per share. The company’s quarterly revenue was up 26.6% on a year-over-year basis. On average, analysts predict that NASDAQ OMX Group will post $2.95 earnings per share for the current fiscal year.

Other equities research analysts have also recently issued reports about the stock. Analysts at Zacks reiterated a “neutral” rating on shares of NASDAQ OMX Group in a research note on Friday, April 25th. They now have a $38.00 price target on the stock. Separately, analysts at Citigroup Inc. reiterated a “buy” rating on shares of NASDAQ OMX Group in a research note on Thursday, April 10th. They now have a $45.00 price target on the stock, down previously from $50.00. Finally, analysts at Bank of America downgraded shares of NASDAQ OMX Group from a “buy” rating to a “neutral” rating in a research note on Wednesday, April 9th. They now have a $39.00 price target on the stock, down previously from $43.00. One investment analyst has rated the stock with a sell rating, seven have given a hold rating, six have issued a buy rating and one has given a strong buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $38.10.

The NASDAQ OMX Group, Inc (NASDAQ:NDAQ) is a holding company.

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