UPDATE: Jefferies Raises PT on IntercontinentalExchange on 1Q13 Exchange Preview
April 15, 2013 at 11:46 AM EDT
In a report published Monday, Jefferies analyst Daniel T. Fannon reiterated a Buy rating on IntercontinentalExchange (NYSE: ICE ), and raised the price target from $170.00 to $185.00. In the report, Fannon noted, “We have lowered our 1Q13 EPS expectations for the traditional equity exchanges, while our numbers for the
