Piper Jaffray Raising 2010 Estimates On McGraw-Hill (MHP

Piper Jaffray is slightly raising its earnings estimates on The McGraw-Hill Companies MHP on stronger debt issuances. It continues to rate shares at Outperform, with a $42 price target. Piper Jaffray boosted its 2010 EPS estimates to $2.58 from $2.57. Shares of McGraw-Hill gained 26 cents yesterday to close at $29.38, a gain of 0.9%.