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Fly News Breaks for February 6, 2017
ABCO
Feb 6, 2017 | 15:41 EDT
After The Advisory Board confirmed that the company is exploring strategic alternatives, Baird analyst Matthew Gillmor said he views $50-$55 per share as a "reasonable takeout valuation," but added that a sum-of-the-parts analysis indicates there could be an upside scenario to the low-$60 per share range, depending on the strategic value of its Best Practice Research business and the outlook for its Technology segment. He keeps a Neutral rating on the stock given the 30% rally since early January.
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