Caesarstone Reports Second Quarter 2015 Results

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BofA/Merrill Lynch Downgrades CaesarStone (CSTE) to Neutral

August 5, 2015 1:52 PM EDT

BofA/Merrill Lynch downgraded CaesarStone (NASDAQ: CSTE) from Buy to Neutral with a price target of $61.00 (from $77.00).

For an analyst ratings summary and ratings history on CaesarStone click here. For more ratings news on CaesarStone click here.

Shares of CaesarStone closed at $71.02 yesterday.

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Caesarstone Sdot-Yam (CSTE) Tops Q2 EPS by 3c; Updates FY15 Outlook

August 5, 2015 6:36 AM EDT

Caesarstone Sdot-Yam (NASDAQ: CSTE) reported Q2 EPS of $0.65, $0.03 better than the analyst estimate of $0.62. Revenue for the quarter came in at $127.5 million versus the consensus estimate of $134.22 million.

Guidance Revised

The Company today reiterated its guidance for full-year adjusted... More