Black Diamond (BDE) Tops Q1 EPS by 6c

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Piper Jaffray Raises PT Following Black Diamond's (BDE) Strong 1Q

May 12, 2015 7:33 AM EDT

Piper Jaffray maintains a Neutral rating on Black Diamond (NASDAQ: BDE), but raised the price target to $10.00 (from $8.50), following Q1 Results. BDE reported a strong quarter with revenue growth of 13% (vs. 7% expected), gross margin expansion of 30 bps and an adjusted EBITDA of $1.9M.... More