Materion Corp. (MTRN) Misses Q4 EPS by 6c; Guides FY17 EPS Below Views

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Materion Corp. (MTRN) PT Raised to $34 at Jefferies Following 4Q

February 21, 2017 8:21 AM EST

Jefferies raised its price target on Materion Corp. (NYSE: MTRN) to $34.00 (from $30.00) while maintaining a Hold rating.

Analyst Martin Engler commented, "MTRN reported adj. 4Q16 EPS of $0.28, which was within its prior guidance range but came in below expectations. The company flagged a... More