S&W Seed (SANW) Tops Q2 EPS by 12c

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Piper Jaffray Cuts Price Target on S&W Seed (SANW) as 2016 Guidance Remains Unchanged

February 12, 2016 8:46 AM EST

Piper Jaffray maintained an Overweight rating on S&W Seed (NASDAQ: SANW), and cut the price target to $6.00 (from $7.00), following the company's 2Q earnings report. SANW reported 2Q16 revenue of $24.1M, well above Street estimates of $13.6M, largely driven by the advanced shipments of DuPont orders. SANW reiterated FY16 revenue guidance of ~$95M and we are... More