H.B. Fuller (FUL) Misses Q3 EPS by 3c; Lowers FY16 EPS Outlook
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Seaport Global Securities Upgrades HB Fuller (FUL) to Buy
September 26, 2016 9:11 AM EDTSeaport Global Securities upgraded HB Fuller (NYSE: FUL) from Accumulate to Buy with a price target of $51.00 (from $50.00).
Analyst Michael Harrison commented, "We think the market overreacted to FUL's soft Q3 results, which were dragged lower by macro challenges and inflated plant costs. We are reducing our estimates to reflect further macro weakness, but increasing our price... More
