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IntercontinentalExchange price target raised to $198 from $189 at Barclays

Barclays raised the firm’s price target on IntercontinentalExchange (ICE) to $198 from $189 and keeps an Overweight rating on the shares following the Q1 report. The company’s earnings beat as revenue came in ahead and adjusted operating expenditures was below, the analyst tells investors in a research note.

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