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IntercontinentalExchange price target raised to $140 from $135 at UBS

UBS raised the firm’s price target on IntercontinentalExchange (ICE) to $140 from $135 and keeps a Buy rating on the shares. While the firm’s near-term estimates have moved down a bit post-Black Knight (BKI) inclusion, UBS remains positive as the overhang is removed and new opportunities come into focus, the analyst tells investors in a research note.

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