Keefe, Bruyette & Woods Upgrades Alliance Data Systems (ADS) to Outperform; Strong Momentum Hard to Ignore

Keefe, Bruyette & Woods upgraded Alliance Data Systems (NYSE: ADS) from Market Perform to Outperform, price target raised to $149.00.

KBW analyst said, "We spent some time with Charles Horn, CFO of ADS, hosting investor meetings recently. Following the meetings and recent operating trend disclosures, we are raising our rating, our estimates and price target."

For an analyst ratings summary and ratings history on Alliance Data Systems click here. For more ratings news on Alliance Data Systems click here.

Shares of Alliance Data Systems closed at $124.63 yesterday.

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