Morgan Stanley Maintains Equal-Weight on Intercontinental Exchange, Raises Price Target to $124
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Michael Cyprys has maintained an Equal-Weight rating on Intercontinental Exchange (NYSE:ICE) and increased the price target from $119 to $124.
November 28, 2023 | 1:04 pm
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POSITIVE IMPACT
Morgan Stanley has raised the price target for Intercontinental Exchange from $119 to $124 while maintaining an Equal-Weight rating.
The increase in price target by a reputable analyst like Morgan Stanley suggests a positive outlook on the stock, which could lead to a short-term increase in investor confidence and potentially a rise in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100