Markit Ltd. (MRKT) Tops Q2 EPS by 1c

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Go back to Markit Ltd. (MRKT) Tops Q2 EPS by 1c

UBS Raises Price Target on Markit Ltd. (MRKT) Following Recent Stock Surge

August 14, 2015 9:33 AM EDT

UBS reiterated a Neutral rating on Markit Ltd. (NASDAQ: MRKT), and raised the price target to $31.00 (from $28.00), following recent stock surge. Analyst Alex Kramm said that shares have outperformed since the release, which revealed that Processing margins have not (and will not) contract as much as previously expected. The recent price action means decent... More