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Fly News Breaks for June 28, 2019
INFO
Jun 28, 2019 | 07:22 EDT
Deutsche Bank analyst Ashish Sabadra raised his price target for IHS Markit to $70 from $63 and keeps a Buy rating on the shares following meetings with management. Management highlighted their focus on accretive growth areas with large total addressable markets and a focus on new production innovation leveraging Data Lake, Sabadra tells investors in a research note. The analyst says the meetings reinforce confidence in the company's 5%-7% revenue growth.
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