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Fly News Breaks for March 3, 2015
ICE
Mar 3, 2015 | 07:39 EDT
UBS said growth at IntercontinentalExchange is stronger than it appears, citing its organic growth metrics, favorable mix shift, and growth from other revenue sources. UBS reiterated its Buy rating and raised its price target to $276 from $256 on IntercontinentalExchange shares.
News For ICE From the Last 2 Days
ICE
Apr 19, 2024 | 06:44 EDT
BofA lowered the firm's price target on IntercontinentalExchange (ICE) to $153 from $156 and keeps a Buy rating on the shares. Although the firm thinks the exchange vertical has less leverage to a continuation in the market rally than its covered asset managers, it continues to see meaningful upside potential in IntercontinentalExchange and Tradeweb Markets (TW) over the next 12 months as it sees significant runway left in the electronification of both the mortgage and fixed income markets, the analyst tells investors.
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