Goldman Sachs Reinstates Neutral on Intercontinental Exchange, Announces $125 Price Target
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Alexander Blostein has reinstated a Neutral rating on Intercontinental Exchange (NYSE:ICE) and set a price target of $125.
September 22, 2023 | 9:37 am
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NEUTRAL IMPACT
Goldman Sachs has reinstated a Neutral rating on Intercontinental Exchange and set a price target of $125.
The reinstatement of a Neutral rating by Goldman Sachs indicates that the firm does not expect significant price movement in the short term. The price target of $125 suggests that Goldman Sachs believes the stock is fairly valued at this level. This could lead to a neutral or slight positive impact on the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100