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First Fiduciary cuts Nasdaq stock holdings by 3.5%, while Nasdaq beats earnings estimates.
First Fiduciary Investment Counsel Inc. reduced its Nasdaq (NDAQ) stock holding by 3.5%, now owning 161,244 shares worth $12.2 million.
Nasdaq's stock is rated a "Moderate Buy" with an average price target of $87.19.
The company reported EPS of $0.79, surpassing the $0.77 estimate, with a 10.7% increase in revenue.
Other firms like GAMMA Investing LLC and Park Avenue Securities LLC also adjusted their Nasdaq holdings.
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First Fiduciary reduce las tenencias de acciones de Nasdaq en un 3,5%, mientras que Nasdaq supera las estimaciones de ganancias.