Franklin Electric (FELE) Reports In-Line Q4 EPS
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Wedbush Remains Sidelined on Franklin Electric (FELE); Expects Growth to Reurn in 2016
February 24, 2016 9:16 AM ESTWedbush reiterated a Neutral rating on Franklin Electric (NASDAQ: FELE), and cut the price target to $33.00 (from $34.00), following the company's 4Q earnings report. The company reported adjusted EPS of $0.35, coming in-line with consensus' estimates. Revenues of $219.3 million were below consensus estimates of $225.8 million. Wedbush... More
