Franklin Electric (FELE) Declares $0.1075 Quarterly Dividend; 0.9% Yield

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Franklin Electric (FELE) PT Raised to $47 at Baird Following 3Q

October 25, 2017 9:16 AM EDT

Baird raised its price target on Franklin Electric (NASDAQ: FELE) to $47.00 (from $45.00) while maintaining a Neutral rating following the company's 3Q earnings report. 3Q17 adjusted EPS was $0.53 vs. $0.52 consensus.

2017 guidance was narrowed lower to reflect near-term headwinds at Headwater, mix pressures, and pockets of Water... More