IHS (IHS) Shares Sink Midday as Piper Jaffray Cuts to Neutral
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Price: $3.44 -0.29%
Rating Summary:
10 Buy, 6 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 12 | New: 13
Rating Summary:
10 Buy, 6 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 12 | New: 13
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Shares of IHS Inc. (NYSE: IHS) have dipped noticeably in intraday trade Thursday following a mid-day downgrade from Piper Jaffray's Peter Appert. The stock is now down about 5.5 percent from Wednesday's close.
Appert now rates IHS shares a Neutral, down from Overweight previously. The analyst maintained a $96 price target.
The downgrade follows a Q1 miss and news the company has acquired IMS Research in a $46 million deal.
For an analyst ratings summary and ratings history on IHS Inc. click here. For more ratings news on IHS Inc. click here.
Appert now rates IHS shares a Neutral, down from Overweight previously. The analyst maintained a $96 price target.
The downgrade follows a Q1 miss and news the company has acquired IMS Research in a $46 million deal.
For an analyst ratings summary and ratings history on IHS Inc. click here. For more ratings news on IHS Inc. click here.
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