Pioneer Power (PPSI) Misses Q3 EPS by 2c, Offers FY15 & FY16 Guidance

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Roth Capital Cuts Price Target on Pioneer Power (PPSI) to $6 Following 3Q

November 24, 2015 8:12 AM EST

Roth Capital maintained a Buy rating on Pioneer Power Solutions (NASDAQ: PPSI), and cut the price target to $6.00 (from $6.50), following the company's 3Q earnings report. Q3 revenue was $24.9mn vs. ROTHe of $27.4mn. Management lowered 2015 revenue guidance to $105-110mn vs.... More