Piper Jaffray Reiterates Overweight Rating on IHS Inc. (IHS)

Piper Jaffray is out with a research report this morning, where it reiterates its Overweight rating on IHS Inc. IHS; it has a $72.00 price target on the stock. The PJ analysts said that they still believe IHS has an outstanding franchise, impressive record of execution, and compelling long-term growth story, all at a valuation that looks fair. They are looking for FY Q4 results to confirm this on January 6th. Key metrics to watch include organic revenue growth, organic deferred revenue growth and margins. Upside in these metrics relative to current investor expectations will likely be required to see a positive move in the shares given the stock's recent strength.