Summary
Canaccord Genuity and JMP Securities have both maintained positive ratings on the stock and raised their price targets. Canaccord Genuity cited positive factors for the business and industry, while JMP Securities praised the exchange’s Q4 performance and outlook.
Key Points
1. Canaccord Genuity maintained its buy rating on the stock, raising its price target to $240 from $140. The firm cited positive tailwinds for the business and the industry in general.
2. JMP Securities kept its outperform rating and increased its price target to $220 from $200. It said it was pleased by the exchange’s fourth-quarter performance and even more encouraged by its outlook.
3. The stock has received positive ratings and increased price targets from both Canaccord Genuity and JMP Securities, indicating optimism about the business and industry.