Sequential Brands (SQBG) Tops Q2 EPS by 3c; Updates on Martha Stewart Living Omnimedia Acquisition

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Go back to Sequential Brands (SQBG) Tops Q2 EPS by 3c; Updates on Martha Stewart Living Omnimedia Acquisition

Piper Jaffray Raises Price Target on Sequential Brands (SQBG) Following 2Q EPS Beat

July 31, 2015 10:35 AM EDT

Piper Jaffray reiterated an Overweight rating on Sequential Brands (NASDAQ: SQBG), and raised the price target to $21.00 (from $20.00), following 2Q results. SQBG reported $0.08 of adjusted EPS compared to the Street's $0.05 estimate.

Analyst Erinn Murphy commented, "We are reiterating our Overweight rating and... More