The firm said it upped its rating on the company, which is a provider of transaction based, data-driven marketing and loyalty solutions to customers in a number of industries, as it believes Alliance Data's PL portfolio will continue to drive growth.
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Separately, TheStreet Ratings team rates ALLIANCE DATA SYSTEMS CORP as a Buy with a ratings score of B. TheStreet Ratings Team has this to say about their recommendation:
"We rate ALLIANCE DATA SYSTEMS CORP (ADS) a BUY. This is driven by a number of strengths, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its robust revenue growth, growth in earnings per share, increase in net income, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated."