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Fly News Breaks for January 15, 2020
VRSK, INFO
Jan 15, 2020 | 09:16 EDT
SunTrust analyst Andrew Jeffrey raised his price target on IHS Markit (INFO) to $90 and kept his Buy rating after its Q4 earnings beat, saying the quarter showed the company emerging as a "best-in-class information services company" rivaling Verisk (VRSK). The analyst anticipates ongoing multiple expansion for IHS Markit with its differentiated solutions and new product growth denting its perception of a "generally cyclical" data-driven provider.
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