ARC Group Worldwide (ARCW) Misses Q4 EPS by 6c

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Canaccord Genuity Cuts Price Target on ARC Group Worldwide (ARCW) Following 6c EPS Miss

September 17, 2015 9:28 AM EDT

Canaccord Genuity reiterated a Buy rating on ARC Group Worldwide (NASDAQ: ARCW), and cut the price target to $6.00 (from $8.00), following the company's 4Q15 earnings report. Reported revenues and EPS results for the quarter of $28.8M and ($0.04) respectively compared consensus expectations for the period of... More