EXFO Reports Fourth Quarter and Fiscal 2018 Results

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EXFO Inc. (EXF:CN) (EXFO) PT Lowered to $3.75 at RBC Capital

October 15, 2018 7:15 AM EDT

RBC Capital analyst Steve Arthur lowered the price target on EXFO Inc. (EXF:CN) (NASDAQ: EXFO) to $3.75 (from $4.50) while maintaining a Sector Perform rating following disappointing Q4 results.

Arthur notes Q4 results were materially below expectations and guidance, reflecting execution issues and order timing.

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GMP Securities Downgrades EXFO Inc. (EXF:CN) (EXFO) to Hold

October 12, 2018 7:30 AM EDT

GMP Securities analyst Justin Keywood downgraded EXFO Inc. (EXF:CN) (NASDAQ: EXFO) from Buy to Hold with a price target of Cdn$5.00 (from Cdn$7.00).

Following Q4 results with EBITDA that missed, the analyst notes integration challenges persist.

For an analyst... More