Goldman Sachs GS has upgraded shares of NYSE Euronext NYX and added the stock to its Conviction Buy List. The firm has a price target of $37.00 on the name. During Wednesday's trading session, NYX rose 4.74% to $32.23 on heavy volume.
Given the very large move in the stock prior to this news, CNBC Fast Money panelist Guy Adami opined that "maybe someone knew something." NYX substantially outperformed its peers such as NASDAQ OMX Group NDAQ, IntercontinentalExchange ICE, and CME Group CME during the trading session.
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