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

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