American Superconductor (AMSC) Tops Q4 EPS by 4c

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American Superconductor (AMSC) PT Lowered to $7.50 at Oppenheimer Following 4Q

May 26, 2017 10:02 AM EDT

Oppenheimer lowered its price target on American Superconductor (NASDAQ: AMSC) to $7.50 (from $10.00) while maintaining a Outperform rating. AMSC posted 4Q16 results in line with its pre-announcement. The company reported revenue of $16.2M vs. the consensus estimate of $15.4M. Non-GAAP EPS was ($0.51) vs.... More