Intercontinental Exchange (ICE) Receives a Buy from UBS
In a report released yesterday, Alex Kramm from UBS maintained a Buy rating on Intercontinental Exchange, with a price target of $205.00. The company’s shares closed yesterday at $166.30.
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According to TipRanks, Kramm is a 5-star analyst with an average return of 10.3% and a 60.16% success rate. Kramm covers the Financial sector, focusing on stocks such as Cboe Global Markets, CME Group, and Intercontinental Exchange.
Currently, the analyst consensus on Intercontinental Exchange is a Strong Buy with an average price target of $198.10, which is a 19.12% upside from current levels. In a report released today, Barclays also maintained a Buy rating on the stock with a $198.00 price target.
Based on Intercontinental Exchange’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $3.14 billion and a net profit of $840 million. In comparison, last year the company earned a revenue of $3.03 billion and had a net profit of $698 million
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- IntercontinentalExchange reports March total ADV up 88% year-over-year
- IntercontinentalExchange reports Q1 total ADV up 45% year-over-year
- IntercontinentalExchange sees Q1 non-GAAP adjusted opex $1.03B-$1.04B
- IntercontinentalExchange sees FY26 non-GAAP adjusted opex $4.145B-$4.195B
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