JMP Securities Maintains Outperform Rating On Alliance Data Systems Corporation (ADS)

Analysts David M. Scharf and Kevane A. Wong at JMP Securities have released an update on Alliance Data Systems Corporation (NYSE: ADS).

Alliance Data Systems reported first-quarter core EPS of $1.38, which was ahead of analysts’ estimate of $1.33. According to analysts, the key take away from the first-quarter was that the year has started off on a high note, with modest to significant growth in all three business lines and clear evidence of accelerating new business wins.

Following the first-quarter results, analysts at JMP Securities have maintained their Outperform rating and $87.50 price target for Alliance Data Systems Corporation.