Gain Capital (GCAP) Misses Q1 EPS by 17c

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GAIN Capital (GCAP) PT, Estimates Lifted Sharply at Jefferies

May 1, 2015 8:34 AM EDT

Jefferies analyst Daniel Fannon reiterated a Buy rating and boosted his price target on GAIN Capital Holdings (NASDAQ: GAIN) to $13.00 (from $7.50) ahead of Q1 results.

Fannon commented, "FX volatility remains strong, continuing the solid growth to end 2014. With the City Index transaction now... More