BofA Lowers IntercontinentalExchange Price Target to $227 While Maintaining Buy Rating

BofA has revised its target price for IntercontinentalExchange (ICE), decreasing it from $237 to $227, while maintaining a 'Buy' rating on the company's shares. The update reflects recent adjustments to models within the brokers, asset management, and exchange sectors, incorporating the company's Q2 financial results. Enhance your investment approach: - Consider exploring TipRanks Premium at a 50% discount! Access comprehensive investment tools, detailed data, and expert analyst opinions to make well-informed decisions. This news was initially reported by TheFly, a leading source for real-time financial updates and market-moving news.