Information Provided By:
Fly News Breaks for January 29, 2016
ADS
Jan 29, 2016 | 07:08 EDT
After Alliance Data tumbled 19% yesterday, SunTrust says a "full-blown" recession is priced into the stock. The firm says that the company's backend loaded 2016 guidance also contributed to the stock's decline, but it "emphatically reiterates" a Buy rating on the name. However, the firm cut its price target on the stock to $300 from $350, citing multiple contraction.
News For ADS From the Last 2 Days
There are no results for your query ADS