TCP Int'l (TCPI) Misses Q2 EPS by 15c
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Deutsche Bank Downgrades TCP International (TCPI) to Hold
August 7, 2015 6:37 AM EDTDeutsche Bank downgraded TCP International (NYSE: TCPI) from Buy to Hold with a price target of $5.00 (from $8.00). Analyst Vishal Shah noted limited upside catalysts.
"While LED adoption rates are accelerating, increased pricing pressure could present some headwinds in driving incremental revenue growth... More
