Cubic Corp. (CUB) Misses Q1 EPS by 5c

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Cubic (CUB) PT Raised to $55 at Needham & Company; Reiterates Buy

February 10, 2017 7:52 AM EST

Needham & Company raised its price target on Cubic (NYSE: CUB) to $55.00 (from $48.00) while maintaining a Buy rating. 1Q revenue increased 7% y/o/y to $334.7M, vs. consensus of $330M, despite Fx headwinds of $8.7M.

Analyst James Ricchiuti commented, "CUB posted FQ1 results... More