Stephens Believes Acxiom Corp (NASDAQ: ACXM) Won’t Stop Here

By Austin Angelo

In a report issued on August 10, Brett Huff from Stephens reiterated a Buy rating on Acxiom Corp (NASDAQ: ACXM), with a price target of $47. The company’s shares closed on Friday at $44.17, close to its 52-week high of $45.72.

According to TipRanks.com, Huff is a top 100 analyst with an average return of 31.4% and a 92.4% success rate. Huff covers the Technology sector, focusing on stocks such as Fidelity National Info, Total System Services, and Global Payments Inc.

Acxiom Corp has an analyst consensus of Strong Buy, with a price target consensus of $49.67, which is a 12.5% upside from current levels. In a report issued on August 10, BMO Capital also maintained a Buy rating on the stock with a $52 price target.

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Acxiom Corp’s market cap is currently $3.44B and has a P/E ratio of 169.88. The company has a Price to Book ratio of 4.59.

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Acxiom Corp. is a global technology and enablement services company, which engages in marketing database and business intelligence development. It operates through the following segments: Connectivity, Audience Solutions, and Marketing Services. The Connectivity segment activates data and makes it portable across the open marketing ecosystem.