Morgan Stanley Maintains Equal-Weight on Intercontinental Exchange, Raises Price Target to $119
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Michael Cyprys has maintained an Equal-Weight rating on Intercontinental Exchange (NYSE:ICE) and raised the price target from $118 to $119.
October 11, 2023 | 2:03 pm
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Morgan Stanley has maintained an Equal-Weight rating on Intercontinental Exchange and raised the price target to $119.
The news is directly related to Intercontinental Exchange (ICE). The maintained Equal-Weight rating indicates that Morgan Stanley believes the stock is fairly valued. However, the raised price target suggests a slightly more optimistic outlook, which could have a positive impact on the stock's price in the short term.
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IMPORTANCE 80
RELEVANCE 100