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Barrington Research has decided to maintain its Outperform rating of Information Servs Gr (NASDAQ:III) and lower its price target from $6.00 to $5.00.
Shares of Information Servs Gr are trading up 0.71% over the last 24 hours, at $4.24 per share.
A move to $5.00 would account for a 17.92% increase from the current share price.
Information Services Group Inc is a US-based technology insight, market intelligence, and advisory services firm. It principally offers digital transformation services, such as automation and cloud & data analytics; managed governance; network carrier services; technology strategy & operations design; changes management; market intelligence & technology research and analysis. It operates in one segment, fact-based sourcing advisory services. Its geographical segments are the Americas, Europe, and Asia-pacific.
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
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Posted In: III
