Citigroup Upgrades Intercontinental Exchange to Buy, Raises Price Target to $130
Portfolio Pulse from richadhand@benzinga.com
Citigroup analyst Christopher Allen has upgraded Intercontinental Exchange (NYSE:ICE) from Neutral to Buy and raised the price target from $117 to $130.
August 04, 2023 | 3:47 pm
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Intercontinental Exchange has been upgraded from Neutral to Buy by Citigroup, with a raised price target from $117 to $130.
The upgrade from Neutral to Buy by Citigroup indicates a positive outlook for Intercontinental Exchange. The raised price target from $117 to $130 suggests that the analyst sees potential for the stock's price to increase in the short term. This could lead to a positive impact on the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100