Alliance Data Systems (ADS) Tops Q2 EPS by 9c, Raises FY Guidance
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BMO Capital Downgrades Alliance Data Systems (ADS) to Market Perform
July 22, 2016 6:34 AM EDTBMO Capital downgraded Alliance Data Systems (NYSE: ADS) from Outperform to Market Perform with a price target of $235.00, saying Q2 results were solid but the valuation is now appropriate.
Analyst Dan Salmon commented, "We believe the market had overreacted to credit concerns in sending shares below $200 last month, but after the... More
