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Barclays Remains a Buy on Intercontinental Exchange (ICE)

Tipranks - Tipranks - Thu May 14, 3:56AM CDT

In a report released today, Benjamin Budish from Barclays maintained a Buy rating on Intercontinental Exchange, with a price target of $201.00.

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Budish covers the Financial sector, focusing on stocks such as Robinhood, CME Group, and Coinbase Global. According to TipRanks, Budish has an average return of 10.0% and a 55.16% success rate on recommended stocks.

Intercontinental Exchange has an analyst consensus of Strong Buy, with a price target consensus of $199.91.

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Based on Intercontinental Exchange’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $3.67 billion and a net profit of $1.41 billion. In comparison, last year the company earned a revenue of $3.23 billion and had a net profit of $797 million

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