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Fly News Breaks for June 1, 2016
ICE
Jun 1, 2016 | 07:02 EDT
JPMorgan analyst Kenneth Worthington downgraded IntercontinentalExchange to Neutral after resuming coverage of the name following a period of restriction. The analyst expects the decline in the company's return on invested capital to weigh on the valuation. He has a $284 price target for the shares.
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