ePlus Reports First Quarter Financial Results

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ePlus inc (PLUS) PT Raised to $75 at Stifel Following 1Q Beat

August 3, 2017 7:52 AM EDT

Stifel raised its price target on ePlus inc (NASDAQ: PLUS) to $75.00 (from $68.00) while maintaining a Hold rating. ePlus reported June quarter sales of $367.2 significantly exceeded estimates of $331.9mn. Adjusted EPS was $0.90 beating the Street's $0.77.

Stifel revised 2Q revenue and EPS estimates from $407.7mn... More