SiteOne Landscape Supply Announces First Quarter 2016 Earnings
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UBS Reiterates Buy on SiteOne Landscape Supply (SITE) Following 1Q Report
June 23, 2016 10:07 AM EDTUBS reiterated a Buy rating and $32.00 price target on SiteOne Landscape Supply (NYSE: SITE) following the company's 1Q earnings report. Organic sales increased 23% y/y in 1Q, in line with the UBS estimate. Acquisitions added 22% of growth in the quarter. Net leverage ended the quarter at ~3.5x, above the targeted... More
