Vista Outdoor (VSTO) Tops Q2 EPS by 7c, Miss on Revenues; Offers FY18 EPS/Revenues Guidance Below Consensus

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Vista Outdoor (VSTO) PT Lowered to $14.50 at Cowen; Reiterates Market Perform

November 13, 2017 7:06 AM EST

Cowen lowered its price target on Vista Outdoor (NYSE: VSTO) to $14.50 (from $26.00) while maintaining a Market Perform rating. Eroding ammo pricing trends may continue given diminished prospects for restrictive gun laws, oversupply, and new competition in certain calibers.

VSTO's 2Q adjusted EPS of $0.34 beat... More

DA Davidson Downgrades Vista Outdoor (VSTO) to Neutral

November 9, 2017 1:43 PM EST

DA Davidson downgraded Vista Outdoor (NYSE: VSTO) from Buy to Neutral with a price target of $14.00 (from $29.00).

For an analyst ratings summary and ratings history on Vista Outdoor click here. For more ratings news on Vista Outdoor click here.

Shares of Vista Outdoor closed at $18.43 yesterday.

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Guns, ammo lumped with hospitals, greeting cards in U.S. fund filings

November 7, 2017 2:50 PM EST

By Tim McLaughlin

BOSTON (Reuters) - U.S. investors who want to divest from firearms and ammunition makers may find it not so straightforward: They are hidden among the stocks and bonds of hospitals, toymakers and greeting card companies.

The push to divest from the firearms industry has grown in recent years as large public pension plans and individual investors eliminate names like handgun maker Sturm Ruger & Co Inc (NYSE: RGR) and ammunition maker Olin Corp (NYSE: OLN) from their portfolios. The talk about... More