Keefe, Bruyette & Woods Reiterates Outperform Rating On Nasdaq OMX (NDAQ)

Analysts at Keefe, Bruyette & Woods released a company update on Nasdaq OMX OMX. The company will be hosting its analyst day on September 22nd. The analysts wrote, "We expect management hopes to portray to investors the different business mix at NDAQ vs. three years ago, a mix less dependent on volume and fee pressure. In addition, with its balance sheet now in much stronger position, we expect key topics to include redistribution of capital and acquisitions." The firm has a price target of $25.00 on the stock. During today's trading session, NDAQ shares have risen 0.89% to $19.60. The NASDAQ OMX Group, Inc. is a global exchange group that delivers trading, exchange technology, securities listing, and public company services across six continents. The Company's offerings include trading across multiple asset classes, market data products, financial indexes, capital formation solutions, financial services and market technology products and services.