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Cott Corp. (COT) Tops Q3 EPS by 2c; Updates on FY16 FX, FCF Outlook

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Jefferies Cuts Price Target on Cott Corp. (COT) to $14 Following 3Q Report

November 14, 2016 8:08 AM EST

Jefferies maintained a Hold rating on Cott Corporation (NYSE: COT), and cut the price target to $14.00 (from $17.50), following the company's 3Q earnings report. COT reported revenues of $885M, compared to a +2% Street estimate. Organic sales growth was reported at -2.4%, compared to estimates of... More