Exa Reports Fourth Quarter and Full Year Fiscal 2017 Financial Results

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Go back to Exa Reports Fourth Quarter and Full Year Fiscal 2017 Financial Results

Exa Corporation (EXA) PT Lowered to $17 at Stifel Following 4Q

March 17, 2017 9:54 AM EDT

Stifel lowered its price target on Exa Corporation (NASDAQ: EXA) to $17.00 (from $18.50) while maintaining a Buy rating. Exa delivered total revenue of $19.5M that fell short of $20.6M estimates.

Analyst Brad Reback commented, "Exa reported mixed F4Q17 results that came... More

Canaccord Genuity Downgrades Exa Corporation (EXA) to Hold

March 17, 2017 8:43 AM EDT

Canaccord Genuity downgraded Exa Corporation (NASDAQ: EXA) from Buy to Hold with a price target of $15.00 (from $18.00).

Analyst David Hynes commented, "We really wrestled with what to do with our rating on Exa. On the one hand, any shortterm buying pause that is caused by the uncertainties of a prospective border tax or the roll-back of emissions standards should in theory be temporary. If simulation... More