Needham & Company Raises PT on Scripps Networks (SNI), Maintains Buy
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Price: $90.04 --0%
Rating Summary:
2 Buy, 19 Hold, 3 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Rating Summary:
2 Buy, 19 Hold, 3 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
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Needham & Company reiterated a Buy rating on Scripps Networks Interactive (NYSE: SNI) and increased their price target to $74.00 (from $62.00).
"We are raising our Target Price for SNI to $74, from $62, to reflect our expectations for strong growth in FY13 of revenue of $2.48B (up 7% y/y) and EPS from Operations of $3.77 (up 12% y/y)," said analyst Laura Martin.
For an analyst ratings summary and ratings history on Scripps Networks Interactive click here. For more ratings news on Scripps Networks Interactive click here.
Shares of Scripps Networks Interactive closed at $61.25 yesterday.
"We are raising our Target Price for SNI to $74, from $62, to reflect our expectations for strong growth in FY13 of revenue of $2.48B (up 7% y/y) and EPS from Operations of $3.77 (up 12% y/y)," said analyst Laura Martin.
For an analyst ratings summary and ratings history on Scripps Networks Interactive click here. For more ratings news on Scripps Networks Interactive click here.
Shares of Scripps Networks Interactive closed at $61.25 yesterday.
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