Ply Gem Holdings (PGEM) Tops Q1 EPS by 4c, Offers Outlook

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Imperial Capital Raises Price Target on Ply Gem Holdings (PGEM) to $17.50 Following 1Q Beat

May 10, 2016 7:14 AM EDT

Imperial Capital reiterated an Outperform rating on Ply Gem Holdings (NYSE: PGEM), and raised the price target to $17.50 (from $17.00), following the company's 1Q earnings report. PGEM reported adjusted EBITDA of $24.7mn, well above the Street's $13.6mn estimate and guidance of $11-16mn. Adjusted EPS of... More