ExactTarget, which provides on-demand interactive marketing solutions to 4,700 clients, raised $161.5 million on Wednesday by offering 8.5 million shares at $19, well above the original $15 to $17 range. ExactTarget will list on the NYSE under the symbol "ET". J.P. Morgan, Deutsche Bank Securities and Stifel Nicolaus Weisel were the lead managers on the deal.
