Party City (PRTY) Tops Q1 EPS by 1c

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Morgan Stanley Maintains Equalweight on Party City (PRTY) Following 1Q Report

May 13, 2016 11:49 AM EDT

Morgan Stanley maintained an Equalweight rating and $14.00 price target on Party City (NYSE: PRTY) following the company's 1Q earnings report. PRTY reported an EPS of $0.04, slightly above the consensus estimate of $0.03.

Analyst Simeon Gutman commented, "Though Q1 was not a great quarter in... More