Sabre Corporation Announces Sale of Common Stock by Existing Shareholders

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Imperial Capital Raises Price Target on Sabre (SABR) to $35 Following EPS Beat

August 6, 2015 8:24 AM EDT

Imperial Capital reiterated an Outperform rating on Sabre Corporation (NASDAQ: SABR), and raised the price target to $35.00 (from $30.00), following 2Q15 results. Sabre reported 2Q15 adjusted EPS of $0.27, above consensus of $0.24 per share. Adjusted revenue increased 9.4% year-over-year to $707mn.

Analyst Scott Buck commented, "We are... More