IHS Inc. reaffirms FY13 adjusted EPS outlook $4.23-$4.43, consensus $4.36 Reaffirms FY13 revenue outlook $1.64B-$1.71B, consensus $1.68B. The company plans to publicly reaffirm its earnings guidance in a previously announced conference presentation to be made tomorrow, February 13.
IHS Inc. downgraded to Underweight from Equal Weight at Morgan Stanley As previously reported, Morgan Stanley downgraded IHS Inc to Underweight from Equal Weight. The firm expects declining capex at energy companies to pressure organic revenue growth and has concerns the company pursue larger acquisitions to compensate. Price target lowered to $107 from $131.
IHS Inc. downgraded to Hold from Buy at Deutsche Bank Deutsche Bank downgraded IHS Inc. to Hold saying the decline in oil prices and expected declines in energy projects is likely to decrease 2015 demand for the company's energy information. Deutsche lowered its price target for shares to $125 from $150.