Citigroup Maintains Buy on Intercontinental Exchange, Raises Price Target to $160
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Christopher Allen has maintained a Buy rating on Intercontinental Exchange (NYSE:ICE) and increased the price target from $155 to $160.
April 04, 2024 | 3:49 pm
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POSITIVE IMPACT
Citigroup has reaffirmed its Buy rating on Intercontinental Exchange and raised the price target from $155 to $160.
The upgrade in price target by a reputable analyst like Christopher Allen from Citigroup is a strong positive signal for Intercontinental Exchange. Such endorsements often lead to increased investor confidence and can drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100