Versum Materials (VSM) PT Lowered to $45 at Credit Suisse

Go back to Versum Materials (VSM) PT Lowered to $45 at Credit Suisse

Stifel Upgrades Versum Materials (VSM) to Buy; 'Market Sell-Off Creates Buying Opportunity'

February 6, 2018 4:47 PM EST

Stifel upgraded Versum Materials (NYSE: VSM) from Hold to Buy with a price target of $46.00 (from $43.00).

Analyst Patrick Ho commented, "Following Versum Materials 1Q18 (Dec) earnings release/conference call, we believe the sell-off in the stock has made it attractive on a... More

Versum Materials (VSM) Tops Q1 EPS by 3c; Lifts Outlook

February 6, 2018 6:02 AM EST

Versum Materials (NYSE: VSM) reported Q1 EPS of $0.54, $0.03 better than the analyst estimate of $0.51. Revenue for the quarter came in at $330.8 million versus the consensus estimate of $295.41 million.

Raising Fiscal Year 2018 Guidance

Estimated Sales of $1,250 - $1,300 million, up 11% to 15% versus fiscal... More