U.S. Silica (SLCA) Tops Q1 EPS by 3c

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U.S. Silica Holdings (SLCA) PT Lowered to $65 at Jefferies

April 26, 2017 9:33 AM EDT

Jefferies lowered its price target on U.S. Silica Holdings (NYSE: SLCA) to $65.00 (from $70.00) while maintaining a Buy rating.

Jefferies raised 2017E/18E Adjusted EBITDA by 21%/7% to $315/$617MM to incorporate higher frac sand pricing/margins and faster Sandbox ramp. Analyst Brad Handler... More