Barclays analyst Benjamin Budish lowered the firm’s price target on IntercontinentalExchange (ICE) to $182 from $183 and keeps an Overweight rating on the shares. The firm updated targets in the brokers, asset managers and exchanges group ahead of the Q4 reports. Total volumes across equities, options, and futures “rose nicely” quarter-over-quarter and volatility picked up sequentially, the analyst tells investors in a research note.
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