Faro Technologies (FARO) PT Raised to $46 at Stifel on 3Q Earnings; 'Sustainability of Revenue Growth and Opex Controls Remain Key'

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Go back to Faro Technologies (FARO) PT Raised to $46 at Stifel on 3Q Earnings; 'Sustainability of Revenue Growth and Opex Controls Remain Key'

Faro Technologies (FARO) PT Raised to $52 at Canaccord Genuity

October 30, 2017 4:52 AM EDT

Canaccord Genuity raised its price target on Faro Technologies (NASDAQ: FARO) to $52.00 (from $42.00) while maintaining a Buy rating.

Analyst Bobby Burleson sees more room for appreciation following to run-up after the Q3 EPS beat noting NT tailwinds from YE budget operating leverage into 2018. The analyst raises FY 2017 EPS by ~36%.

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Faro Technologies (FARO) Tops Q3 EPS by 14c

October 26, 2017 4:48 PM EDT

Faro Technologies (NASDAQ: FARO) reported Q3 EPS of $0.10, $0.14 better than the analyst estimate of ($0.04).

For earnings history and earnings-related data on Faro Technologies (FARO) click here.

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