EnerSys Reports Fourth Quarter and Full Year Fiscal 2017 Results

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EnerSys (ENS) PT Lowered to $92 at Oppenheimer Following 4Q

June 1, 2017 10:28 AM EDT

Oppenheimer lowered its price target on EnerSys (NYSE: ENS) to $92.00 (from $95.00) while maintaining a Outperform rating. As pre-announced on May 4th, ENS reported F4Q17 nonGAAP EPS of $1.28 on sales of $627M.

Shares fell 11% yesterday as ENS lowered 1Q18 EPS guidance to $1.12 at midpoint (from... More