Turning Point Brands, Inc. (TPB) Misses Q1 EPS by 23c, Beat on Revenues

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Go back to Turning Point Brands, Inc. (TPB) Misses Q1 EPS by 23c, Beat on Revenues

Turning Point Brands (TPB) PT Raised to $19 at Cowen on 1Q Report; 'Seizing the Smokeless Opportunity'

May 12, 2017 12:30 PM EDT

Cowen raised its price target on Turning Point Brands (NYSE: TPB) to $19.00 (from $18.00) while maintaining a Outperform rating, following the company's first quarter earnings report.

Analyst Vivien Azer notes the company delivered first quarter adjusted EBITDA growth and revenues in-line with expectations, despite... More