Actuant (ATU) Tops Q3 EPS by 3c, Beats on Revenues; Updated FY18 EPS/Revenue Guidance Above Consensus, Boosts Sales Guidance

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Actuant (ATU) PT Raised to $28 at RBC Capital

June 21, 2018 6:52 AM EDT

RBC Capital raised its price target on Actuant (NYSE: ATU) to $28.00 (from $24.00) while maintaining a Sector Perform rating.

Analyst Seth Weber notes positives within ATU's 3Q included strong Industrial tool incrementals and upside Energy and ES operating margin.

Weber was... More