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Piper Jaffray Raises Price Target Following IHS (IHS) 2Q15 Results

June 24, 2015 9:24 AM EDT

Piper Jaffray reiterates a Neutral rating on IHS Inc. (NYSE: IHS), and raised the price target to $129.00 (from $115.00), following 2Q15 results. Revenue, EBITDA and EPS all exceeded F2Q estimates, with upside from 6% y/y acquisition growth.

Analyst Peter Appert commented,... More