Hollysys Automation Technologies Reports Unaudited Financial Results for the Fiscal Year and the Fourth Quarter Ended June 30, 2017

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Go back to Hollysys Automation Technologies Reports Unaudited Financial Results for the Fiscal Year and the Fourth Quarter Ended June 30, 2017

Nomura/Instinet Reiterates Reduce on Hollysys Automation (HOLI)

August 15, 2017 8:06 AM EDT

Nomura/Instinet reiterated a Reduce rating and $12.31 price target on Hollysys Automation Technologies (NASDAQ: HOLI) following the company's 4Q earnings report. Analyst Patrick Xu cut EPS by 4% for FY18F/19F mainly by raising opex assumptions.

Management guided non-GAAP... More