IHS Markit (INFO) Offers Updated FY16 Outlook Following Closure of Merger
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UBS Remains Sidelined on IHS Markit (INFO) Following Update Call Reiterating Confidence
July 14, 2016 8:03 AM EDTUBS maintained a Neutral rating on IHS Markit (NASDAQ: INFO), and raised the price target to $40.00 (from $34.00), following an update call reiterating management's high level of confidence in reaching 20% in EPS growth in 2017. Although UBS expects continued declines in global upstream capex in 2016, it projects... More
Stifel Downgrades IHS Markit (INFO) to Hold
July 14, 2016 7:13 AM EDTStifel downgraded IHS Markit (NASDAQ: INFO) from Buy to Hold.
For an analyst ratings summary and ratings history on IHS Markit click here. For more ratings news on IHS Markit click here.
Shares of IHS Markit closed at $36.10 yesterday.
... MoreIHS (IHS), Markit (MRKT) Announces Completion of Merger; Will Trade Under 'INFO'
July 12, 2016 4:08 PM EDTIHS Inc. and Markit Ltd. announced the completion of their previously announced merger to form IHS Markit (Nasdaq: INFO), a new leader in critical information, analytics and solutions that drive economies and markets worldwide. IHS Markit will begin trading tomorrow, July 13, 2016, on the Nasdaq Global Select Market under the trading symbol INFO.
This merger is such an important milestone for our company, colleagues, customers, shareholders and the entire business information industry, said Jerre Stead, chairman and chief executive officer of IHS Markit. With our unique positions in energy, financial services and transportation,... More
