Goldman Sachs Raises IHS Inc. Price Target (IHS)

Goldman Sachs raised its Price Target on shares of IHS Inc. (NYSE: IHS) to $66 from $58 today. Goldman Sachs maintains a Neutral rating on IHS.

IHS Inc. is a source of critical information and insight in areas such as energy, product lifecycle, security and environment.

Goldman Sachs notes that "IHS is a growth company offering data and insight driven subscriptions to companies in capital intensive industries. It features attractive tactical and thematic drivers of high single digit or better organic top line growth."

Further, Goldman Sachs remains "Neutral rated on a lack of specific near-term catalysts and more attractive valuation for earlier cycle names."

Shares of IHS are flat on the day, to $62.05.

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