J.P. Morgan Initiates Coverage on Nasdaq OMX
December 23, 2013 at 10:49 AM EST
In a report published Monday, J.P. Morgan analyst Kenneth Worthington initiated coverage on The Nasdaq OMX Group (NASDAQ: NDAQ ) with a Neutral rating and $44.50 price target. Worthington commented, "we believe Nasdaq will experience multiple expansion as its revenue mix migrates toward more recurring/stable businesses. We see