Motorcar Parts of America (MPAA) Tops Q3 EPS by 4c

Go back to Motorcar Parts of America (MPAA) Tops Q3 EPS by 4c

Motorcar Parts of Americabb (MPAA) PT Lowered to $31 at Roth Capital

February 10, 2017 8:00 AM EST

Roth Capital lowered its price target on Motorcar Parts of Americabb (NASDAQ: MPAA) to $31.00 (from $35.00) while maintaining a Buy rating.

Analyst Matt Koranda commented, "Removing the benefit of a customer accrual reversal, FQ3 profitability was weak, driven by labor inefficiencies in the ramp-up... More