Methode Electronics (MEI) Tops Q1 EPS by 6c

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Craig-Hallum Upgrades Methode Electronics (MEI) to Buy

September 4, 2015 7:51 AM EDT

Craig-Hallum upgraded Methode Electronics (NYSE: MEI) from Hold to Buy with a price target of $40.00.

For an analyst ratings summary and ratings history on Methode Electronics click here. For more ratings news on Methode Electronics click here.

Shares of Methode Electronics closed at $32.82 yesterday.

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FBR Capital Remains Bullish on Methode Electronics (MEI) Following Announcements and EPS Beat

September 4, 2015 7:21 AM EDT

FBR Capital reiterated an Outperform rating and $42.00 price target on Methode Electronics (NYSE: MEI) following announcements around new business and capital deployment, as well as the company's 1Q16 earnings release. Management yesterday announced a $100M share buyback program to be completed by end of FY17, as well as a follow-on award to an existing program with a major North American OEM customer. EPS came at $0.60, beating consensus of $0.54.... More