By: Benzinga
UPDATE: Piper Jaffray Reiterates Overweight Rating, Lowers PT on McGraw-Hill Companies
In a report published Monday, Piper Jaffray & Co. reiterated its Overweight rating on McGraw-Hill Companies (NYSE: MHP ), but lowered its price target from $62.00 to $60.00. Piper Jaffray noted, “We raise our estimates for MHP to reflect continued positive momentum in debt issuance in 4Q. However, our price
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