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Nasdaq price target raised to $84 from $83 at Raymond James

Raymond James analyst Patrick O’Shaughnessy raised the firm’s price target on Nasdaq (NDAQ) to $84 from $83 and keeps an Outperform rating on the shares. The firm updated the company’s model ahead of the Q4 report. Despite Nasdaq having overpaid for recent acquisitions, the company has an “increasingly attractive financial technology software franchise that is paired with a remarkable growth story in Nasdaq’s index franchise,” the analyst tells investors in a research note. The firm still hs con

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Pimco, Fidelity Stick With UK Gilt Bets After Market Turmoil

(Bloomberg) -- Pacific Investment Management Co., Franklin Templeton and Fidelity International are among investors sticking to their bets on UK government bonds after this week’s slump, with some looking to buy more. Most Read from BloombergWhat Robotaxis Brought San FranciscoNYC Condo Owners May Bear Costs of Landmark Green Building LawAmbitious High-Speed Rail Plans Advance in the Baltic RegionNYC’s Subway Violence Deters Drive to Bring Workers Back to OfficeDutch Central Bank Restores Amster

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Cboe Global Markets initiated with a Market Perform at William Blair

William Blair initiated coverage of Cboe Global Markets (CBOE) with a Market Perform rating and no price target The firm does not expect multiple expansion for the shares as zero days to expiration options mature and the company’s derivatives revenue growth normalizes. Cboe’s strategic initiatives should support margin stability, higher capital return, and organic growth, however, and this should drive earnings growth in the mid- to high-single digits in 2025 and 2026, the analyst tells investor

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