Smart Sand (SND) Misses Q1 EPS by 3c

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Smart Sand (SND) PT Lowered to $20 at Jefferies; Reiterates Buy

May 12, 2017 7:53 AM EDT

Jefferies lowered its price target on Smart Sand (NASDAQ: SND) to $20.00 (from $22.00) while maintaining a Buy rating. SND is expanding its Oakdale facility by 2.2MM tpa, in part to benefit from cost efficiencies, to 5.5MM tpa by YE'17 which should allow it... More