Expect Solid Q3 Earnings For IHS Inc.

In a recent report from J.P. Morgan, IHS Inc. IHS is expected to post solid Q3 earnings with further indication of top-line momentum. J.P. Morgan is maintaining its Neutral rating on IHS ahead of its Q3 earnings on Sep. 22. Underlying trends continue to improve with renewal rates ticking up and pressure abating for Consulting/Events offerings. J.P. Morgan remains concerned with potential implications from BP's spill. JPM thinks a potentially tougher U.S. legislative/regulatory framework for many customers could ultimately be a negative for IHS down the line for example if drilling restrictions pressure clients' costs and margins. J.P. Morgan reiterates its Neutral rating on ISH with a price target of $70 IHS shares are trading $0.46 higher to $65.40