Houlihan Lokey Reports First Quarter Fiscal 2018 Financial Results

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Houlihan Lokey (HLI) PT Raised to $42 at UBS Following 1Q Beat

July 26, 2017 8:47 AM EDT

UBS raised its price target on Houlihan Lokey (NYSE: HLI) to $42.00 (from $40.00) while maintaining a Buy rating. HLI reported 1Q18 adjusted EPS of $0.50 above the consensus of $0.41 per share.

UBS raised adjusted CY17 EPS estimates by 10c to $2.05 and our adjusted... More