Quanex (NX) Misses Q3 EPS by 3c, Miss on Revenues

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Quanex Building Products (NX) PT Lowered to $24 at Wedbush; Reiterates Outperform

September 8, 2017 7:30 AM EDT

Wedbush lowered its price target on Quanex Building Products (NYSE: NX) to $24.00 (from $25.00) while maintaining a Outperform rating following a conference call. Quanex lowered the FY17 revenue guidance to ~$870.0 million from $880.0 to $900.0 million on the call. NX cited slower sales of solar... More