Multi Packaging Solutions (MPSX) Misses Q1 EPS by 8c

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Credit Suisse Downgrades Multi Packaging Solutions (MPSX) to Underperform

November 10, 2016 7:58 AM EST

Credit Suisse downgraded Multi Packaging Solutions (NYSE: MPSX) from Neutral to Underperform with a price target of $13.20 (from $15.30).

Analyst L. Kjellberg commented, "We downgrade MPSX to Underperform from Neutral. Our lowered rating reflects weak performance, lowered guidance, rising financial leverage and poor visibility.... More