There’s a lot to be optimistic about in the Financial sector as 2 analysts just weighed in on Intercontinental Exchange (ICE) and CyrusOne (CONE) with bullish sentiments.
Intercontinental Exchange (ICE)
Wells Fargo analyst Christopher Harris maintained a Buy rating on Intercontinental Exchange today. The company’s shares closed last Thursday at $94.37.
According to TipRanks.com, Harris is a 4-star analyst with an average return of 8.3% and a 66.0% success rate. Harris covers the Financial sector, focusing on stocks such as BrightSphere Investment Group, Apollo Global Management, and Raymond James Financial.
Currently, the analyst consensus on Intercontinental Exchange is a Strong Buy with an average price target of $105.70, a 12.9% upside from current levels. In a report issued on July 20, Citigroup also maintained a Buy rating on the stock with a $107.00 price target.
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In a report released today, Eric Luebchow from Wells Fargo maintained a Buy rating on CyrusOne. The company’s shares closed last Thursday at $83.17.
Luebchow has an average return of 19.7% when recommending CyrusOne.
According to TipRanks.com, Luebchow is ranked #1978 out of 6831 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for CyrusOne with a $80.92 average price target, representing a -0.1% downside. In a report issued on July 15, SunTrust Robinson also maintained a Buy rating on the stock with a $90.00 price target.
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