Raymond James Downgrades Intercontinental Exchange to Outperform, Maintains Price Target to $185
Portfolio Pulse from Benzinga Newsdesk
Raymond James has downgraded Intercontinental Exchange (ICE) from Strong Buy to Outperform, while maintaining the price target at $185.
October 14, 2024 | 5:07 pm
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Raymond James downgraded Intercontinental Exchange from Strong Buy to Outperform, maintaining the price target at $185.
The downgrade from Strong Buy to Outperform suggests a less bullish outlook from Raymond James, which could lead to a short-term negative impact on ICE's stock price. However, the maintained price target indicates that the long-term view remains positive.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100