Methode Electronics (MEI) Declares $0.09 Quarterly Dividend; 0.9% Yield

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Methode Electronics (MEI) PT Lowered to $47 at Baird Ahead of 4Q Report

June 19, 2017 9:19 AM EDT

Baird lowered its price target on Methode Electronics (NYSE: MEI) to $47.00 (from $51.00) while maintaining a Outperform rating ahead of 4Q earnings report. Methode reports Fiscal-Q4 results on June 22. Baird cut its EPS estimate to $0.64 vs. $0.60 previously, which matches consensus.

Analyst David Leiker continues to... More