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Fly News Breaks for June 27, 2019
INFO
Jun 27, 2019 | 07:00 EDT
SunTrust analyst Andrew Jeffrey raised his price target for IHS Markit to $70 from $62 and maintained a Buy rating, telling investors in a research note that he is confident IHS can deliver at least mid-single percentage through-the-cycle organic revenue growth and drive EBITDA margin toward the mid-40s. Jeffrey says he is "particularly encouraged" by Transportation, where he feels high-single percentage organic revenue growth is more durable than the consensus view.
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