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Alliance Data Systems Corp. (NYSE:ADS) announced its earnings results on Thursday. The company reported $2.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.33 by $0.06, Analyst RN reports. The company had revenue of $1.14 billion for the quarter, compared to the consensus estimate of $1.13 billion.

ADS has been the subject of a number of recent research reports. Analysts at Barclays raised their price target on shares of Alliance Data Systems Corp. from $240.00 to $300.00 in a research note to investors on Tuesday, January 21st. They now have an “overweight” rating on the stock. On a related note, analysts at SunTrust raised their price target on shares of Alliance Data Systems Corp. from $265.00 to $295.00 in a research note to investors on Friday, January 17th. Finally, analysts at Goldman Sachs Group Inc. downgraded shares of Alliance Data Systems Corp. from a “buy” rating to a “neutral” rating in a research note to investors on Tuesday, January 7th. They now have a $280.00 price target on the stock. Three analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus price target of $241.56.

Shares of Alliance Data Systems Corp. (NYSE:ADS) opened at 234.20 on Thursday. Alliance Data Systems Corp. has a 1-year low of $151.40 and a 1-year high of $265.35. The stock has a 50-day moving average of $252.7 and a 200-day moving average of $227.9. The company has a market cap of $11.408 billion and a P/E ratio of 34.29.

Alliance Data Systems Corporation is a provider of transaction-based, data-driven marketing and loyalty solutions serving consumer-based businesses in a variety of industries.

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