DAVIDsTEA Inc. Now Available in Le Germain and Alt Hotels Across Canada, and Continues North American Expansion With the Opening of Nine New Store Locations in October

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David's Tea (DTEA) PT Trimmed to $14 at BMO Capital Despite Solid Quarter

December 11, 2015 7:40 AM EST

BMO Capital reiterated a Market Perform rating on DAVIDsTEA (NASDAQ: DTEA), and cut the price target to $14.00 (from $15.00), following the company's 3Q earnings report. DTEA reported F3Q16 EPS of ($0.03) vs BMO's ($0.04) forecast, which was inline with consensus. Strong top-line performance was supported by... More