Rite Aid (RAD) Misses Q2 EPS by 2c; Trims FY16 EPS Outlook
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Mizuho Securities Reiterates Buy on Rite Aid (RAD) Following 2Q16
September 17, 2015 2:29 PM EDTMizuho Securities reiterated a Buy rating and $10.00 price target on Rite-Aid (NYSE: RAD) following the company's 2Q16 earnings results. RAD reported adjusted EBITDA of $346.8mm was modestly above consensus of $344.2mm.
Analyst Ann Hynes commented, "We would be buyers of RAD on earnings-related... More
Cowen Remains Bullish on Rite Aid (RAD) Following 2c EPS Miss
September 17, 2015 1:13 PM EDTCowen reiterated an Outperform rating and $12.00 price target on Rite-Aid (NYSE: RAD) following the company's 2Q16 earnings. RAD reported EPS of $0.02, which missed consensus of $0.04. Rev of $7.66B, consisting of $6.65B from retail pharmacy and $1.07B from pharmacy services, came in ahead of... More
