Cambrex Corp. (CBM) Misses Q3 EPS by 8c

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Cambrex Corporation (CBM) PT Lowered to $60 at Stephens Following 3Q

November 12, 2018 8:08 AM EST

Stephens analyst Drew Jones lowered the price target on Cambrex Corporation (NYSE: CBM) to $60.00 (from $72.00) while maintaining a Overweight rating following the company's 3Q. CBM reported 3Q revenue of $103mil, which was below consensus of $120mil. Adjusted EPS of $0.49 was also below consensus of... More