Electronics for Imaging (EFII) Reports In-Line Q3 EPS
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Needham & Company Cuts Price Target on Electronics for Imaging (EFII) Following Solid 3Q
October 25, 2016 7:52 AM EDTNeedham & Company maintained a Buy rating on Electronics for Imaging Inc. (NASDAQ: EFII), and cut the price target to $56.00 (from $58.00), following the company's 3Q earnings report. Revenues increased 7% to $245.6M, at the low end of guidance of $245- $250M and below consensus $247M. Non-GAAP EPS $0.58 was at the high end of guidance of $0.55- $0.60 and in line with... More
