TravelCenters of America (TA) Misses Q1 EPS by 8c

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FBR Capital Reiterates Outperform on TravelCenters of America (TA) - PT to $16

May 10, 2016 6:55 AM EDT

FBR Capital reiterated an Outperform rating on TravelCenters of America (NYSE: TA), and raised the price target to $16.00 (from $15.00), following the company's 1Q earnings report. The most important takeaway from 1Q16, in FBR's view, is management's commentary on the earnings call that the company is still only about halfway to the potential profit imbedded in the recent acquisitions. In short, there is potentially another $65M... More