Piper Sandler analyst Patrick Moley raised the firm’s price target on IntercontinentalExchange to $149 from $135 and keeps an Overweight rating on the shares following quarterly results. The firm notes that on the Q4 call, IntercontinentalExchange indicated that it was ahead of schedule on revenue and expense synergies related to the BKI acquisition.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on ICE:
- Opening Day: Gilead-backed Kyverna overshoots raised IPO expectations
- IntercontinentalExchange price target raised to $164 from $154 at Rosenblatt
- IntercontinentalExchange price target raised to $150 from $140 at Deutsche Bank
- IntercontinentalExchange reports Q4 EPS $1.33, consensus $1.29
- IntercontinentalExchange increases quarterly dividend 7% to 45c per share