EnerSys (ENS) PT Lowered to $92 at Oppenheimer Following 4Q
Tweet
Share
E-mail
Get Alerts ENS Hot Sheet
Price: $185.46 -2.89%
Rating Summary:
11 Buy, 4 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 6 | Down: 5 | New: 3
Rating Summary:
11 Buy, 4 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 6 | Down: 5 | New: 3
Join SI Premium – FREE
Oppenheimer lowered its price target on EnerSys (NYSE: ENS) to $92.00 (from $95.00) while maintaining a Outperform rating. As pre-announced on May 4th, ENS reported F4Q17 nonGAAP EPS of $1.28 on sales of $627M.
Shares fell 11% yesterday as ENS lowered 1Q18 EPS guidance to $1.12 at midpoint (from prior $1.23). Management ascribed the headwind to delayed implementation of price recovery on inflation in lead/other commodities.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- HDFC Bank Ltd (HDFCB:IN) (HDB) PT Lowered to INR880 at BofA Securities
- Nomura/Instinet Downgrades RHB Bank (RHBBANK:MK) to Neutral
- Goldman Sachs Starts GenFleet Therapeutics Shanghai (2595:HK) at Buy
Create E-mail Alert Related Categories
Analyst Comments, Analyst EPS Change, Analyst EPS View, Analyst PT ChangeSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
