Snap-On (SNA) Tops Q1 EPS by 3c

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Snap-On (SNA) PT Raised to $175 at Jefferies; Reiterates Hold

April 21, 2017 7:29 AM EDT

Jefferies raised its price target on Snap-On (NYSE: SNA) to $175.00 (from $165.00) while maintaining a Hold rating. SNA reported Q1 EPS of $2.39. RS&I posted strong organic growth of 7.8%. Going forward, Jefferies expects stronger RS&I growth to offset continued low to mid-singledigit Tools... More