Alliance Data Exploring Strategic Alternatives For EpsilonĀ®

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Alliance Data Systems (ADS) PT Lowered to $218 at Deutsche Bank

November 28, 2018 8:16 AM EST

Deutsche Bank analyst Ashish Sabadra lowered the price target on Alliance Data Systems (NYSE: ADS) to $218.00 (from $253.00) while maintaining a Buy rating following a SOTP analysis on Epsilon.

Given the challenges in Epsilon and card businesses, Sabadra lowered FY19 and FY20 EPS estimates from $26.02 to $24.19 and $28.35 to $25.25 respectively.

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