Power Solutions (PSIX) Tops Q4 EPS by 4c; FY16 Outlook Misses Views
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Piper Jaffray Cuts Price Target on Power Solutions (PSIX) Following 4Q Results and Guide-Down
February 23, 2016 8:44 AM ESTPiper Jaffray maintained a Neutral rating on Power Solutions (NASDAQ: PSIX), and cut the price target to $11.00 (from $14.00), following the company's 4Q earnings report. 4Q revenue of $96.7M missed the Street's estimate of $103.3M. Revenue also missed guidance, which was $100M-$110M.... More
