Horizon Global (HZN) Misses Q3 EPS by 2c, Offers Guidance

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Good Execution by Horizon Global (HZN) Drives Revenue Growth; Roth Capital Raises price Target to $13

November 12, 2015 7:24 AM EST

Roth Capital reiterated a Buy rating on Horizon Global Corp. (NYSE: HZN), and raised the price target to $13.00 (from $12.00), following the company's 3Q earnings report. HZN revenues were $153.3mn vs. consensus of $153.7mn. Adjusted EPS was $0.49 vs. consensus of $0.52. Good execution by management was... More