Piper Sandler analyst Patrick Moley maintains $Intercontinental Exchange (ICE.US)$ with a buy rating, and maintains the target price at $180.
According to TipRanks data, the analyst has a success rate of 92.5% and a total average return of 27.6% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Intercontinental Exchange (ICE.US)$'s main analysts recently are as follows:
IntercontinentalExchange experienced what can be described as a 'mixed' third quarter, with the challenges in mortgage revenue putting a limit on the growth of their earnings.
IntercontinentalExchange's third-quarter earnings surpassed expectations to a small degree, though revenue was slightly underwhelming, balanced by reduced expenditures. The energy sector of the company is performing exceptionally well, yet there is a noticeable market response to the lowered expectations in the mortgage segment.
Note:
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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