Deutsche Bank raised the firm’s price target on IntercontinentalExchange (ICE) to $195 from $192 and keeps a Buy rating on the shares. The company reported strong Q1 results and its recurring revenue growth rate continues to improve, the analyst tells investors in a research note.
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Read More on ICE:
- IntercontinentalExchange price target raised to $201 from $198 at Barclays
- Intercontinental Exchange Posts Record-Setting Earnings Call
- IntercontinentalExchange reports Q1 adjusted EPS $2.35, consensus $2.26
- IntercontinentalExchange sees FY26 non-GAAP adjusted opex $4.145B-$4.195B
- IntercontinentalExchange sees Q2 non-GAAP adjusted opex $1.03B-$1.04B