The Advisory Board (ABCO) Tops Q4 EPS by 47c

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Advisory Board Company (ABCO) PT Raised to $52 at Oppenheimer

March 1, 2017 9:42 AM EST

Oppenheimer raised its price target on Advisory Board Company (NASDAQ: ABCO) to $52.00 (from $45.00) while maintaining a Outperform rating. 4Q adjusted revenue was $203.9M vs. consensus. Adjusted EPS was $1.03, vs. consensus of $0.55.

Analyst Mohan Naidu commented, "ABCO posted better than expected... More