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UPDATE: Morgan Stanley Reiterates Equal-Weight Rating, Raises PT on The Corporate Executive Board Company

Wall Street's M&A Chatter From January 5
Mid-Afternoon Market Update: CEB Surges On Acquisition News; Macy's Shares Slide

In a report published Friday, Morgan Stanley reiterated its Equal-Weight rating on The Corporate Executive Board Company (NYSE: CEB), and raised its price target from $43.00 to $47.00.

Morgan Stanley noted, “We expect CEB to generate greater operating leverage in its business model as the business scales and acquisitions become integrated. Risks include deceleration in growth due to economic weakness or execution risk. The SHL acquisition creates opportunities for cross-selling, but also presents integration risk. We find CEB to be fairly priced based on our DCF valuation.”

The Corporate Executive Board Company closed on Thursday at $5.60.

Latest Ratings for CEB

Feb 2017SunTrust Robinson HumphreyDowngradesBuyHold
Jan 2017BarclaysUpgradesUnderweightEqual-Weight
Dec 2016Stifel NicolausDowngradesBuyHold

View More Analyst Ratings for CEB
View the Latest Analyst Ratings

Posted-In: Morgan StanleyAnalyst Color Price Target Analyst Ratings


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