SPX Flow (FLOW) Lowers Q3 Outlook
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Stifel Cuts Price Target as SPX Flow (FLOW) Releases Negative 3Q Preannouncement
October 18, 2016 9:24 AM EDTStifel maintained a Buy rating on SPX Flow (NYSE: FLOW), and cut the price target to $33.00 (from $39.00), following the company's negative 3Q preannouncement. SPX is expecting revenue of $467 million, down substantially from the $490-$510 million previous guidance. Adjusted EPS is expected to be... More
