J.D. Power and LMC Automotive Report: New-Vehicle Retail Sales SAAR in July to Hit 14 Million, Highest Level for the Month in a Decade

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Piper Jaffray Cuts Price Target on McGraw Hill Financial (MHFI) to $114 Following 2Q EPS Beat

July 28, 2015 9:05 AM EDT

Piper Jaffray maintains an Overweight rating on McGraw Hill Financial (NYSE: MHFI), and cut the price target to $114.00 (from $117.00), following 2Q earnings. EPS of $1.21 beat consensus estimates on $1.13.

Despite the short-term dilution, Analyst Peter Appert likes the strategic fit of SNL and believes... More