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A Quick Look at Today's Ratings for Intercontinental Exchange(ICE.US), With a Forecast Between $160 to $185

Moomoo News ·  Nov 2 08:00  · Ratings

On Nov 02, major Wall Street analysts update their ratings for $Intercontinental Exchange (ICE.US)$, with price targets ranging from $160 to $185.

Morgan Stanley analyst Michael Cyprys maintains with a hold rating, and adjusts the target price from $174 to $173.

Barclays analyst Benjamin Budish maintains with a buy rating, and adjusts the target price from $179 to $173.

UBS analyst Alex Kramm maintains with a buy rating, and adjusts the target price from $190 to $185.

Deutsche Bank analyst Brian Bedell maintains with a hold rating, and adjusts the target price from $152 to $160.

TD Cowen analyst William Katz maintains with a buy rating, and adjusts the target price from $182 to $179.

Furthermore, according to the comprehensive report, the opinions of $Intercontinental Exchange (ICE.US)$'s main analysts recently are as follows:

  • The company experienced a 'mixed' third quarter, with challenges in mortgage revenue curbing the progression of earnings, according to an analyst note to investors.

  • IntercontinentalExchange's third-quarter earnings surpassed expectations marginally, with reported revenues slightly under projections, balanced by reduced expenditures. The energy business of the company is performing quite well, yet the market's response has been notably adverse to the lowered expectations in the mortgage sector.

Here are the latest investment ratings and price targets for $Intercontinental Exchange (ICE.US)$ from 7 analysts:

StockTodayLatestRating_mm_206177_20241102_en

Note:

TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.

Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.

TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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