Twin Disc (TWIN) Tops Q3 EPS by 8c

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Seaport Global Securities Downgrades Twin Disc (TWIN) to Neutral

April 27, 2016 9:30 AM EDT

Seaport Global Securities downgraded Twin Disc (NASDAQ: TWIN) from Spec. Buy to Neutral with a price target of $13.00.

Analyst Walt Liptak commented, "TWIN's 2016 outlook weakened due to the trends in O&G markets. The company's pressure pumping markets continue to reflect the low oil price environment and E&P capital spending cuts. TWIN has... More