Barclays Maintains Overweight on Intercontinental Exchange, Raises Price Target to $179
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Benjamin Budish has maintained an Overweight rating on Intercontinental Exchange (NYSE:ICE) and raised the price target from $167 to $179.
October 07, 2024 | 6:53 pm
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POSITIVE IMPACT
Barclays has reaffirmed its Overweight rating on Intercontinental Exchange and increased the price target to $179, indicating confidence in the company's future performance.
The increase in price target from $167 to $179 by Barclays suggests a positive outlook on ICE's future performance. The Overweight rating indicates that Barclays expects ICE to outperform its peers, which is likely to have a positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100