Information Provided By:
Fly News Breaks for April 15, 2019
PUBGY, ADS
Apr 15, 2019 | 05:09 EDT
BMO Capital analyst Daniel Salmon downgraded Alliance Data Systems (ADS) to Market Perform from Outperform and lowered his price target for the shares to $183 from $205. The sale of Epsilon to Publicis (PUBY) for $4.4B was below the analyst's valuation of $5.4B for the business. Salmon's downgrade reflects lower valuations of Alliance Data's Epsilon and Cards Services units in his sum-of-the-parts model.
News For ADS;PUBGY From the Last 2 Days
There are no results for your query ADS;PUBGY