Vista Outdoor (VSTO) Tops Q3 EPS by 4c

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Vista Outdoor (VSTO) PT Cut 33% to $30 at Jefferies, Slashing Estimates; Keeps 'Buy'

February 10, 2017 8:28 AM EST

Jefferies analyst Greg Konrad maintains Buy rating, but lowers price target on Vista Outdoor (NYSE: VSTO) to $30 (from $45), suggesting the company is missing the mark, as volume weakness driven by lower consumer demand accelerated in the fourth quarter.

Konrad comments, "Q3 performance largely... More