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Jefferies Cuts Price Target on WD-40 Co. (WDFC) Following 4Q Report

October 20, 2016 9:08 AM EDT

Jefferies maintained a Hold rating on WD-40 Co. (NASDAQ: WDFC), and cut the price target to $110.00 (from $120.00), following the company's 4Q earnings report. EPS was $0.99 versus the consensus estimate of $0.82. F/X was a $5.7m revenue headwind.

Analyst Daniel Rizzo commented, "Q4 EPS was $0.99... More