Cowen Remains Bullish on KLX, Inc. (KLXI) Following 2Q15

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RBC Capital Cuts Price Target on KLX, Inc. (KLXI) Following 2Q15 Earnings

August 26, 2015 6:52 AM EDT

RBC Capital maintained a Sector Perform rating on KLX Inc (NASDAQ: KLXI), and cut the price target to $44.00 (from $50.00) following the company's 2Q15 earnings report. KLXI's earnings were in-line with EPS coming in at $0.62, compared to the consensus of $0.63. Analyst Robert Stallard said that ESG is se to consume more cash/earnings than... More