IHS to buy data provider Markit, combined company to base in UK
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Piper Jaffray Raises Price Target on IHS (IHS) as Planned Markit Merger Creates Earnings Value
March 22, 2016 6:48 AM EDTPiper Jaffray reiterated a Neutral rating on IHS Inc. (NYSE: IHS), and raised the price target to $123.00 (from $111.00), as the company's planned merger with Markit creates earnings leverage. IHS shareholders will receive 3.5566 shares of the new IHS Markit, resulting in IHS owners holding 57%... More
