Piper Sandler Bullish on Intercontinental Exchange (ICE)

Intercontinental Exchange, Inc. (NYSE:ICE) is one of the best dividend stocks in the financial sector. On November 24, Piper Sandler analyst Patrick Moley reiterated a Buy rating on ICE with the price target clocking in at $202.

In an update separate from the analyst action, Intercontinental Exchange disclosed trading and revenue numbers for October, which displayed year-over-year boosts in different asset categories.

Compared to October last year, the total open increased 16% in October 2025, and futures open interest hit a record of 59.0 million lots at the end of the month. Energy markets saw their average daily volume increase by 9% compared to the same period last year, while the daily average volume for oil trading jumped 7% year-over-year. Open interest for Brent crude rose 12% year-over-year, while other crude and refined items demonstrated sharp upticks with average daily volume climbing 43% and open interest going up by 23%. Moreover, natural gas markets and agricultural and metals markets recorded average daily year-over-year volume growth of 12% and 7%, respectively.

Intercontinental Exchange, Inc. (NYSE:ICE) is an Atlanta-based financial technology company and data provider that operates across three segments: Exchanges, Fixed Income and Data Services, and Mortgage Technology.

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