Intercontinental Exchange shares are trading higher after the company on Thursday reported a Q2 EPS beat. Citigroup upgraded the stock to Buy.
Portfolio Pulse from Benzinga Newsdesk
Intercontinental Exchange's shares are trading higher following a Q2 EPS beat. Citigroup has upgraded the stock to Buy.
August 04, 2023 | 5:42 pm
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Intercontinental Exchange's stock is trading higher after beating Q2 EPS estimates and receiving an upgrade from Citigroup.
Intercontinental Exchange reported a Q2 EPS beat, which is a positive signal about the company's profitability. This, coupled with an upgrade from Citigroup, is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100