Goldman Sachs Comments on Alliance Data Systems

According to a recent report, following Alliance Data Systems ADS 10-Q filing, Goldman Sachs has made minor updates to its model. These changes are not viewed by Goldman Sachs as material and they reiterate a Sell rating and a $77.00 price target on ADS. In the report, Goldman Sachs said, "Our ADS GS-defined EPS estimates for CY11/CY12/CY13 are now $5.65 (+$0.01), $6.46 (+$0.01), and $7.25 (+$0.01)." ADS closed yesterday at $93.93.