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Wells Fargo Downgrades IntercontinentalExchange (ICE) to Market Perform

June 24, 2014 7:25 AM EDT
Get Alerts ICE Hot Sheet
Price: $132.57 +0.18%

Rating Summary:
    21 Buy, 6 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 13 | Down: 11 | New: 14
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Wells Fargo downgraded IntercontinentalExchange (NYSE: ICE) from Outperform to Market Perform with a price target of $185-$205 (from $205-$225). Analyst Christopher Harris made note of overoptimistic EPS expectations, slow core growth, and few catalysts.

For an analyst ratings summary and ratings history on IntercontinentalExchange click here. For more ratings news on IntercontinentalExchange click here.

Shares of IntercontinentalExchange closed at $198.19 yesterday.



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