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Research analysts at Evercore Partners raised their target price on shares of Alliance Data Systems Corp. (NYSE:ADS) from $290.00 to $319.00 in a report released on Wednesday, Analyst RN reports. Evercore Partners’ price target indicates a potential upside of 11.74% from the company’s current price.

In other Alliance Data Systems Corp. news, SVP Leigh Ann Epperson unloaded 1,261 shares of the stock in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of $287.64, for a total transaction of $362,714.04. Following the transaction, the senior vice president now directly owns 14,499 shares in the company, valued at approximately $4,170,492. The sale was disclosed in a document filed with the SEC, which is available at this link.

Alliance Data Systems Corp. (NYSE:ADS) traded down 0.07% during mid-day trading on Wednesday, hitting $285.28. 679,183 shares of the company’s stock traded hands. Alliance Data Systems Corp. has a 52 week low of $152.80 and a 52 week high of $289.78. The stock’s 50-day moving average is $260.5 and its 200-day moving average is $236.0. The company has a market cap of $14.036 billion and a P/E ratio of 38.47.

Alliance Data Systems Corp. (NYSE:ADS) last posted its quarterly earnings results on Thursday, February 6th. The company reported $2.39 earnings per share for the quarter, beating the analysts’ consensus estimate of $2.33 by $0.06. The company had revenue of $1.14 billion for the quarter, compared to the consensus estimate of $1.13 billion. During the same quarter last year, the company posted $1.84 earnings per share. Alliance Data Systems Corp.’s revenue was up 17.4% compared to the same quarter last year. On average, analysts predict that Alliance Data Systems Corp. will post $12.30 earnings per share for the current fiscal year.

A number of other firms have also recently commented on ADS. Analysts at Thomson Reuters/Verus upgraded shares of Alliance Data Systems Corp. from a “sell” rating to a “hold” rating in a research note on Monday. Separately, analysts at Zacks reiterated a “neutral” rating on shares of Alliance Data Systems Corp. in a research note on Friday, February 7th. They now have a $271.00 price target on the stock. Finally, analysts at BMO Capital Markets raised their price target on shares of Alliance Data Systems Corp. from $250.00 to $280.00 in a research note on Friday, February 7th. Three research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. The company has an average rating of “Buy” and an average target price of $260.63.

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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