Phibro Animal Health (PAHC) Declares $0.10 Quarterly Dividend; 1.9% Yield

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Guggenheim Cuts Price Target on Phibro Animal Health (PAHC) Following 3Q Miss

May 10, 2016 2:06 PM EDT

Guggenheim maintained a Buy rating on Phibro Animal Health Corp. (NASDAQ: PAHC), and cut the price target to $26.00 (from $34.00), following the company's 3Q earnings report. PAHC reported F'3Q16 EPS of $0.38, $0.03 lower than consensus. PAHC lowered its F'16 revenue and EPS guidance to $745MM-$750MM, and... More