Photo Release -- Mitsubishi Reveals Exa Corporation's Aerodynamic Simulations Behind Its Record-Breaking Electric Racecar Success

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Canaccord Genuity Cuts Price Target on Exa (EXA) Following 2c EPS Beat

September 2, 2015 9:19 AM EDT

Canaccord Genuity maintained a Buy rating on Exa Corporation (NASDAQ: EXA), and cut the price target to $13.00 (from $14.00), following the company's 2Q16 earnings results. Exa reported revenues of $15.5M, in-line with consensus. Non-GAAP EPS loss of ($0.06) beat consensus by 2c. Exa reiterated its full-year guidance for revenue... More