BUZZ-Intercontinental Exchange rises after BofA hikes prices target
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Intercontinental Exchange (ICE) shares rose 2.5% to $40.67 after BofA Global Research increased its price target from $223 to $234. Analysts noted ICE's consistent growth in energy volumes, with a projected medium-term growth rate in low double digits. The average rating among 17 analysts is "buy," with a median price target of $191.50. Year-to-date, ICE is up 5.9%, outperforming the Nasdaq Composite Index's 0.4% increase.
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