Morgan Stanley raised the firm’s price target on IntercontinentalExchange to $124 from $119 and keeps an Equal Weight rating on the shares. The firm, which has refreshed its model post Q3 earnings results, is lowering its 2024 adjusted EPS forecast by 3.3% and 2025 adjusted EPS by 4%.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on ICE:
- New York Stock Exchange, Abu Dhabi Securities Exchange enter MOU to collaborate
- Seeking Stocks with Moats? Check Out the MOAT ETF
- IntercontinentalExchange boosts dividend 11% to 42c per share
- IntercontinentalExchange sees Q4 operating expenses 1.21B-$1.22B
- IntercontinentalExchange reports Q3 EPS $1.46, consensus $1.39