AFTER THE BELL- IntercontinentalExchange falls after downgrade

Tue Dec 2, 2008 9:51pm GMT
 
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NEW YORK, Dec 2 (Reuters) - IntercontinentalExchange Inc (ICE.N) stock fell 1.3 percent to $62 in extended trade on Tuesday after Sandler O'Neill cut its price target to $100 from $110 and cut its 2008 estimate to $4.49 from $4.54.

Sandler O'Neill maintains a "buy" rating on the company, an operator of regulated futures exchanges.

For details, see [ID:nWNAB8920]

(Reporting by Deepa Seetharaman)

 
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