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Analysts Offer Insights on Financial Companies: Arch Capital Group (ACGL) and Intercontinental Exchange (ICE)

Tipranks - Fri Jun 5, 8:44PM CDT

There’s a lot to be optimistic about in the Financial sector as 2 analysts just weighed in on Arch Capital Group (ACGL) and Intercontinental Exchange (ICE) with bullish sentiments.

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Arch Capital Group (ACGL)

In a report released yesterday, Elyse Greenspan from Wells Fargo maintained a Buy rating on Arch Capital Group, with a price target of $110.00. The company’s shares closed last Thursday at $88.34, close to its 52-week low of $87.42.

According to TipRanks.com, Greenspan is a 4-star analyst with an average return of 5.2% and a 52.4% success rate. Greenspan covers the Financial sector, focusing on stocks such as Ategrity Specialty Holdings LLC, American International Group, and Accelerant Holdings Class A. ;'>

Currently, the analyst consensus on Arch Capital Group is a Moderate Buy with an average price target of $108.54, implying a 21.7% upside from current levels. In a report issued on June 3, TipRanks – PerPlexity also reiterated a Buy rating on the stock with a $106.00 price target.

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Intercontinental Exchange (ICE)

Bank of America Securities analyst Craig Siegenthaler maintained a Buy rating on Intercontinental Exchange on June 3 and set a price target of $251.00. The company’s shares closed last Thursday at $142.06.

According to TipRanks.com, Siegenthaler is a 5-star analyst with an average return of 11.6% and a 54.6% success rate. Siegenthaler covers the Financial sector, focusing on stocks such as Figure Technology Solutions, Inc. Class A, Victory Capital Holdings, and Apollo Global Management. ;'>

Intercontinental Exchange has an analyst consensus of Strong Buy, with a price target consensus of $199.08, which is a 40.5% upside from current levels. In a report issued on May 20, TipRanks – Anthropic also upgraded the stock to Buy with a $172.00 price target.

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