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Jefferies Raises Price Target on Intercontinental Exchange (ICE) to $66 After Meeting with Management

December 20, 2016 7:07 AM EST

Jefferies reiterated a Buy rating on Intercontinental Exchange (NYSE: ICE), and raised the price target to $66.00 (from $62.00), after spending time with management. The focus of the day was on the outlook for growth in the data business. Without prioritizing which areas they were most excited about,... More