Alliance Data (ADS) puts active after mentioned cautiously by Citron Research
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Alliance Data Systems' (ADS) Price Target Lowered to $161 at Credit Suisse on Sum of Parts Valuation (Earlier)
August 19, 2016 11:38 AM EDTCredit Suisse earlier reiterated an Underperform rating on Alliance Data Systems (NYSE: ADS) and lowered its price target to $161.00 (from $190.00). Analyst Paul Condra said the change was tied to a sum of parts valuation to more accurately reflect the debt risk of the non-bank businesses (i.e., LoyaltyOne and Epsilon).
(The note was later praised on twitter by short seller Citron Research. For more color,... More
