KMG Chemicals (KMG) Tops Q1 EPS by 20c, Beats on Revenues

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KMG Chemicals (KMG) PT Raised to $70 at KeyBanc Following A Strong Q1 Earnings Report

December 13, 2017 3:26 AM EST

KeyBanc raised its price target on KMG Chemicals (NYSE: KMG) to $70.00 (from $63.00) while maintaining a Overweight rating.

Analyst Michael Sison comments "we believe that KMG is moving into the upper tier of specialty chemical companies from a margin perspective, which should warrant some multiple expansion."

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