Amplify Snack Brands (BETR) Reports In-Line Q1 EPS; Bumps Outlook

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Piper Jaffray Remains bullish Following Amplify Snack Brands' (BETR) Mixed 1Q

May 3, 2016 7:55 AM EDT

Piper Jaffray reiterated an Overweight rating and $18.00 price target on Amplify Snack Brands (NYSE: BETR) following the company's 1Q earnings report. Amplify missed consensus EPS by $0.01, largely due to gross margin coming in lower than street expectations. However, Net sales of $54.3M were... More