U.S. Silica (SLCA) Misses Q2 EPS by 2c, Miss on Revenues

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Go back to U.S. Silica (SLCA) Misses Q2 EPS by 2c, Miss on Revenues

U.S. Silica Holdings (SLCA) PT Lowered to $45 at Jefferies After Adjusting Estimates

August 2, 2017 8:32 AM EDT

Jefferies lowered its price target on U.S. Silica Holdings (NYSE: SLCA) to $45.00 (from $65.00) while maintaining a Buy rating. Analyst Brad Handler lowered 2017/2018 Adjusted EBITDA to $295/$495MM from $315/ $617MM to reflect lower volumes and pricing.

Jefferies lowered estimates to reflect slower volume/capacity growth,... More