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Fly News Breaks for March 22, 2016
MRKT, IHS
Mar 22, 2016 | 06:36 EDT
Deutsche Bank analyst Paul Ginocchio raised his price target for IHS Inc. (IHS) to $131 saying the financial benefits from the company's merger with Markit (MRKT) are significant. The analyst, however, is unsure what benefits the merger brings beyond the cost and revenue synergies. He keeps a Hold rating on IHS shares.
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