Vista Outdoor (VSTO) Tops Q1 EPS by 6c; Guides FY16

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Cowen Raises Price Target on Vista Outdoor (VSTO) to $50 Following 1Q16 Results

August 14, 2015 9:02 AM EDT

Cowen reiterated a Market Perform rating on Vista Outdoor (NYSE: VSTO), and raised the price target to $50.00 (from $43.00), following 1Q16 earnings results. VSTO reported adjusted EPS of $0.54 beating consensus by 7¢. Sales of $515MM, compared to Street's $510MM, came in at the high end of the... More