Goldman Sachs has published a research report on IHS, Inc. IHS in anticipation of the company's reporting of earnings results for 4QFY10 on January 6.
In the report, Goldman writes "Since September, IHS shares have climbed about 25% with stable estimate trends. We note both the S&P Midcap Growth Index and crude oil prices have risen about 25% during the same period, reflecting broad re-risking. In the short term, we think investors will focus on IHS's 2011 estimates, with for now limited visibility into upward revisions, keeping us Neutral rated. Attention may later turn to potential margin expansion acceleration in 2012 and beyond, should systems upgrade initiatives successfully roll out this year."
Goldman maintains its Neutral rating and $74 price target.
IHS, Inc. closed Friday at $80.39.
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