Ferro Corp. (FOE) Tops Q1 EPS by 6c, Guides FY17 EPS Above Consensus MidPoint

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Go back to Ferro Corp. (FOE) Tops Q1 EPS by 6c, Guides FY17 EPS Above Consensus MidPoint

Ferro Corp. (FOE) PT Raised to $19 at Oppenheimer; 'Strong 1Q17 Beat, Raises Guidance, Maintain Outperform'

April 26, 2017 1:04 PM EDT

Oppenheimer raised its price target on Ferro Corp. (NYSE: FOE) to $19.00 (from $16.00) while maintaining a Outperform rating, following the company's first quarter report.

Analyst Ian Zaffino suggests the company is experiencing strong business momentum, as management delivered strong first quarter results, providing EPS and revenue... More