Acxiom (ACXM) Tops Q1 EPS by 6c, Trims FY Revenue Guidance

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BMO Capital Upgrades Acxiom (ACXM) to Outperform

August 5, 2016 6:38 AM EDT

BMO Capital upgraded Acxiom (NASDAQ: ACXM) from Market Perform to Outperform with a price target of $28.00 (from $23.00).

Analyst Dan Salmon commented, "Several factors lead us to upgrade the shares: 1) the sale of the email business lowers the probability of unexpected misses; 2)... More