Benchmark Electronics (BHE) Reports In-Line Q3 EPS

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Benchmark Electronics (BHE) Reports In-Line Results; Needham & Company Cuts Price Target to $24

October 23, 2015 6:56 AM EDT

Needham & Company reiterated a Buy rating on Benchmark (NYSE: BHE), and cut the price target to $24.00 (from $27.00), following the company's 3Q15 earnings results. BHE reported 3Q results with rev of $630M and EPS of $0.41 vs. guidance for $635-665M/$0.38-0.42. Prior consensus was... More