Cubic Reports Third Quarter Fiscal Year 2017 Financial Results
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Cubic (CUB) PT Lowered to $48 at Needham & Company Following 3Q Miss
August 7, 2017 7:04 AM EDTNeedham & Company lowered its price target on Cubic (NYSE: CUB) to $48.00 (from $52.00) while maintaining a Buy rating following the company's 3Q. Revenues declined 4% y/o/y to $361.9M, below consensus estimate of $383M. Results reflect a weaker showing from the Transportation and Defense Services... More
