Macquarie Infrastructure (MIC) Posts Q2 GAAP Loss of 80c/Share

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Go back to Macquarie Infrastructure (MIC) Posts Q2 GAAP Loss of 80c/Share

Macquarie Infrastructure (MIC) PT Raised to $100 at Oppenheimer on Another Strong Quarter

August 4, 2015 8:42 AM EDT

Oppenheimer analyst Ian Zaffino reiterated an Outperform rating and boosted his price target on Macquarie Infrastructure (NYSE: MIC) to $100.00 (from $90.00) following another strong quarter.

Zaffino commented, "Continuing its streak of outperformance, MIC reported 2Q15 adjusted FCF/share of $1.46, vs. our $1.32 estimate. The... More