Nasdaq price target raised to $116 from $113 at Morgan Stanley

Core Viewpoint - Morgan Stanley analyst Michael Cyprys has raised the price target on Nasdaq (NDAQ) to $116 from $113 while maintaining an Overweight rating on the shares, indicating a positive outlook for the company [1]. Group 1: Revenue Growth - The firm anticipates that cyclical tailwinds will accelerate revenue growth across the Solutions business through 2026-27, suggesting a robust growth trajectory for Nasdaq [1]. - Durable underlying secular tailwinds are also expected to persist, further supporting the company's revenue potential [1].