Raymond James Maintains Strong Buy on Intercontinental Exchange, Lowers Price Target to $135
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Patrick O'Shaughnessy has maintained a 'Strong Buy' rating on Intercontinental Exchange (NYSE:ICE), but lowered the price target from $137 to $135.

October 05, 2023 | 8:18 am
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Intercontinental Exchange's price target has been lowered from $137 to $135 by Raymond James, though the 'Strong Buy' rating is maintained.
While the lowering of the price target might initially seem negative, the maintenance of the 'Strong Buy' rating indicates that the analyst still sees significant potential in the stock. This could lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100