Trinseo (TSE) Misses Q3 EPS by 3c, Beats on Revenues; Offers FY17 EPS Guidance Below Consensus

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Trinseo SA (TSE) PT Raised to $85 at Jefferies Following 3Q Release

November 6, 2017 8:14 AM EST

Jefferies raised its price target on Trinseo SA (NYSE: TSE) to $85.00 (from $82.00) while maintaining a Buy rating following the company's 3Q earnings report. Q3 EPS was $0.13 above consensus but $0.02 below Jefferies' forecast.

Excluding "flyups" due to peer outages, Jefferies forecasts a 5% EBITDA CAGR... More