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Fly News Breaks for June 24, 2015
IHS
Jun 24, 2015 | 07:10 EDT
Stifel raised its price target on IHS as the firm believes that the company is taking several positive steps, including looking to further streamline its business, curtail its M&A activity, and sell or close its non-strategic, non-subscription businesses. The firm continues to be upbeat on the company's market position and believes that it can significantly increase its free cash flow through an acquisition. Stifel keeps a Buy rating on the stock.
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