Harsco Corporation (HSC) Posts Inline Q3 EPS; Issues Q4 Outlook

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Jefferies Raises price Target on Harsco Corporation (HSC) Following In-Line 3Q

November 4, 2016 10:05 AM EDT

Jefferies reiterated a Buy rating on Harsco Corporation (NYSE: HSC), and raised the price target to $13.00 (from $12.00), following the company's 3Q earnings report. Harsco reported 3Q adjusted operating income of $29m, in line with its preliminary announcement on 10/17/16. Adjusted EPS of $0.14 exceeded consensus estimates of $0.13.... More