Cabela's (CAB) Tops Q4 EPS by 5c

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Piper Jaffray Raises Price Target on Cabela's (CAB) Following an EPS Beat Driven by Cost Savings

February 19, 2016 7:53 AM EST

Piper Jaffray reiterated a Neutral rating on Cabela's (NYSE: CAB), and raised the price target to $39.00 (from $37.00), following the company's 4Q earnings report. Q4 EPS of $1.26 came in above consensus of $1.21. The beat was primarily driven by cost savings.

Analyst Peter Keith commented, "We... More