BMO Capital Remains Bullish Following Nielsen Holdings (NLSN) Investor Day

BMO Capital reiterated an Outperform rating and $53.00 price target on Nielsen Holdings (NYSE: NLSN) following the company's investor day in New York. NLSN reiterated its 2015 guidance and issued initial 2016 guidance, which was largely in-line.

Analyst Daniel Salmon commented, "Nielsen hosted an Investor Day in New York City on Friday at which it reiterated its 2015 guidance and issued initial 2016 guidance for 4-6% constant currency revenue growth, 50-70 bps of adjusted EBITDA margin expansion, and $2.83- 2.93 of adjusted EPS (versus our prior $2.97 and the Street’s $2.92). The company also announced a $500 million increase in its share buyback program."

For an analyst ratings summary and ratings history on Nielsen Holdings click here. For more ratings news on Nielsen Holdings click here.

Shares of Nielsen Holdings closed at $45.46 yesterday.

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