NIQ Global Intelligence (NYSE:NIQ) Stock Rating Lowered by Wall Street Zen

Key Points

• Wall Street Zen downgraded NIQ from a "buy" to a "hold," and several brokers have trimmed price targets (Wells Fargo to $18, Citigroup to $16) while MarketBeat shows an average rating of Moderate Buy with an average target of $21.54.
• Shares opened at $10.49 and are trading near their 52‑week low of $10.05 (52‑week high $20.39); the company has a market cap of $3.09B, a P/E of 58.25 and a debt‑to‑equity of 2.86, indicating elevated valuation and leverage.
• Large investors have taken sizable positions—most notably Advent International purchased a new stake valued at about $2.345 billion, with other firms like SurgoCap, Ameriprise and Vanguard also adding positions.

NIQ Global Intelligence (NYSE:NIQ - Get Free Report) was downgraded by investment analysts at Wall Street Zen from a "buy" rating to a "hold" rating in a report released on Monday.

A number of other brokerages have also commented on NIQ. Wells Fargo & Company reduced their price target on shares of NIQ Global Intelligence from $21.00 to $18.00 and set an "overweight" rating for the company in a research note on Monday, March 2nd. Needham & Company LLC reiterated a "buy" rating and issued a $21.00 price target on shares of NIQ Global Intelligence in a research note on Wednesday, April 1st. Citigroup reduced their price target on shares of NIQ Global Intelligence from $17.50 to $16.00 and set a "neutral" rating for the company in a research note on Friday, March 6th. Robert W. Baird set a $20.00 price objective on shares of NIQ Global Intelligence in a report on Tuesday, February 3rd. Finally, Weiss Ratings reissued a "sell (d)" rating on shares of NIQ Global Intelligence in a report on Monday, December 29th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, NIQ Global Intelligence presently has an average rating of "Moderate Buy" and an average target price of $21.54.

NIQ Global Intelligence Stock Performance

Shares of NIQ stock opened at $10.49 on Monday. The company has a 50 day moving average price of $11.69 and a 200-day moving average price of $14.04. NIQ Global Intelligence has a 52 week low of $10.05 and a 52 week high of $20.39. The firm has a market capitalization of $3.09 billion and a PE ratio of 58.25. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 2.86.

Hedge Funds Weigh In On NIQ Global Intelligence

Several large investors have recently added to or reduced their stakes in NIQ. Advent International L.P. purchased a new position in NIQ Global Intelligence during the third quarter valued at approximately $2,345,270,000. SurgoCap Partners LP purchased a new position in NIQ Global Intelligence during the third quarter valued at approximately $91,971,000. Ameriprise Financial Inc. purchased a new position in NIQ Global Intelligence during the third quarter valued at approximately $78,791,000. Vanguard Group Inc. purchased a new position in NIQ Global Intelligence during the third quarter valued at approximately $63,188,000. Finally, DNB Asset Management AS purchased a new position in NIQ Global Intelligence during the third quarter valued at approximately $58,719,000.

NIQ Global Intelligence Company Profile

Nuveen Intermediate Duration Quality Municipal Term Fund is a close ended fixed income mutual fund launched by Nuveen Investments Inc The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests into public fixed income markets of the United States. The fund seeks to invest in stocks of companies that are operating across diversified sectors. It primarily invests in municipal securities that are exempt from federal income taxes, and seeks to maintain a portfolio with an intermediate effective duration of between 3 and 10 years, including the effects of leverage.

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