Bob Evans Farms (BOBE) Tops Q2 EPS by 11c; FY17 adj.-EPS Outlook Boosted

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Go back to Bob Evans Farms (BOBE) Tops Q2 EPS by 11c; FY17 adj.-EPS Outlook Boosted

Oppenheimer Raises Price Target on Bob Evans Farms (BOBE) Following 2Q EPS Beat

December 6, 2016 10:00 AM EST

Oppenheimer reiterated an Outperform rating on Bob Evans Farms (NASDAQ: BOBE), and raised the price target to $55.00 (from $50.00), following the company's 2Q earnings report. Adjusted 2Q17 EPS of $0.56 beat Street's $0.45. Better restaurant profits and lower corporate G&A were primary drivers of the beat.... More