Barnes Group (B) Reports In-Line Q2 EPS

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Jefferies Raises Price Target on Barnes Group (B) to $44 Following 2Q EPS Beat

August 1, 2016 8:38 AM EDT

Jefferies reiterated a Buy rating on Barnes Group (NYSE: B), and raised the price target to $44.00 (from $41.00), following the company's 2Q earnings report. B reported EPS of $0.63, above consensus estimates of $0.60. estimates for 2H16 and 2017 remain unchanged.

Analyst Bhupender Bohra commented, "B had a... More