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FINWIRES

Research Alert: CFRA Keeps Strong Buy Opinion On Shares Of Nasdaq, Inc.

-- CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:

Following strong Q1 results and accounting for economic uncertainty, we reduce our 12-month target price by $15 to $120, applying a forward P/E of 27.0x our 2027 EPS estimate, above NDAQ's five-year average forward P/E of 23.5x, given continued wins in financial crime and momentum in the Index segment. We increase our 2026 EPS estimate by $0.03 to $3.98 and raise 2027's by $0.18 to $4.44. NDAQ is firing on all cylinders with no signs of AI disrupting its strong competitive moat. In fact, performance is accelerating. The company posted its strongest Q1 organic growth since 2021 across net revenue, solutions revenue, and operating income. Record revenue growth in Financial Technology was particularly encouraging as we have long argued that NDAQ holds a competitive advantage with Verafin and its industry leading anti-financial crime solutions. Momentum is building in Verafin, which added 58 new small and medium bank clients in Q1, a 24% Y/Y increase, signaling a bright outlook ahead.

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Research Alert: CFRA Keeps Hold Opinion On Shares Of Eqt Corp.

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:Our 12-month target price remains $62, a combination of relative valuation and DCF models. On a relative basis, we apply a 6.2x multiple of enterprise value to projected 2027 EBITDA, above EQT's historical forward average. We think a small premium is defendable, given an improving operating cost profile. Our DCF model, using medium-term free cash flow growth of 4%, terminal growth of 2%, and WACC of 6.7%, yields a value of $70 per share. We lift our 2026 EPS estimate by $0.04 to $4.85 and 2027's by $0.01 to $4.68. Natural gas pricing has dissipated to a degree recently, leading EQT to pull back some production in Q2, but we still see modest volume growth in 2026. Longer-term growth drivers tied to data centers and liquefied natural gas export demand look intact, in our view. We think the most positive development is the improvement in free cash flow. Net debt levels are creeping closer to management's targeted levels.

$EQT
Australia

Unico Silver Reduces Rigs at Argentina Drilling Operations During Transition to Winter Operations

Unico Silver (ASX:USL) said it reduced the number of drill rigs under its drilling operations in Argentina to two from three as it moves into reduced winter operations, according to a Friday Australian bourse filing.The company plans to update the Joaquin project mineral resource estimate in the June quarter to incorporate recent infill drilling.In the same filing, the company said it is conducting pre-feasibility work streams, including geotechnical drilling and interpretation to define open-pit slope and design parameters, as well as comminution and metallurgical test work to confirm processing assumptions and recovery pathways.The company's shares fell past 1% in recent trading on Friday.

$ASX:USL
Asia

Japan Stocks Open Higher on Iran Talks, Lebanon Ceasefire Extension

Japanese shares slightly rose at the start of Friday's session, as investors remain cautiously optimistic on the U.S.-Iran negotiations after an extended ceasefire between Israel and Lebanon.The Nikkei 225 rose 267.2 points or 0.5% to open at 59,407.44President Donald Trump announced a three-week extension of the ceasefire between Israel and Lebanon, yet investors stayed wary as market direction depends on whether tensions with Iran intensify or move toward diplomatic solutions.The West Texas Intermediate climbed to about $97 a barrel, while Brent Crude closed at nearly $105 on Thursday.At home, Japan's core inflation accelerated to 1.8% in March from 1.6% the previous month, driven by higher energy costs-a trend that could affect the Bank of Japan's decision to leave its benchmark rate unchanged coming Tuesday.

$^N225