Versum Materials (VSM) Tops Q3 EPS by 4c, Guides Above Views

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Go back to Versum Materials (VSM) Tops Q3 EPS by 4c, Guides Above Views

Versum Materials (VSM) PT Raised to $38 at Jefferies Following 3Q

August 2, 2017 9:11 AM EDT

Jefferies raised its price target on Versum Materials (NYSE: VSM) to $38.00 (from $34.00) while maintaining a Hold rating following the company's 3Q. VSM reported EPS of $0.52, $0.08 ahead of consensus estimates. Q3 sales increased 16% YoY.

2017E sales are now pegged at $1.09bn-$1.12bn (up... More