Vista Outdoor (VSTO) Tops Q2 EPS by 3c, Revenues Beat; Offers FY18 EPS/Revenue Outlook

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Go back to Vista Outdoor (VSTO) Tops Q2 EPS by 3c, Revenues Beat; Offers FY18 EPS/Revenue Outlook

Vista Outdoor (VSTO) PT Lowered to $16 at Cowen

November 5, 2018 12:14 PM EST

Cowen analyst Gautam Khanna lowered the price target on Vista Outdoor (NYSE: VSTO) to $16.00 (from $18.00) while maintaining a Market Perform rating.

Khanna noes the debt paydown efforts are progressing, but a difficult demand and competitive backdrop in the firearms/ammo market keep them on the sidelines.

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