Covanta Holding (CVA) Misses Q2 EPS by 17c
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Imperial Capital Cuts Price Target on Covanta Holding (CVA) Following 2Q Review
July 28, 2016 7:35 AM EDTImperial Capital maintained an Outperform rating on Covanta (NYSE: CVA), and cut the price target to $18.00 (from $18.50), following the company's 2Q earnings report. Revenue totaled $418mn, exceeding estimates by $12mn. Adjusted EBITDA totaled $82mn, slightly below consensus of $85mn.
Analyst Scott Levine commented, "CVA... More
