NDAQ'S Investor Day

Keefe Bruyette & Woods writes "Nasdaq OMX's (NASDAQ: NDAQ) first investor day in four years portrayed a deep bench of
management focused and incentivized to drive profit growth. Management appears fired up to continually redefine its market and reach for new growth while the aggressive pace of share repurchases appears sensible at the current 10% free cash flow yield. We reiterate our Outperform rating and tweak our EPS estimates higher."

Keefe Bruyette & Woods also has a $25 price target for Nasdaq OMX Group, which closed yesterday at $19.48.

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