Multi-Color Corp. (LABL) Misses Q3 EPS by 29c, Updates Guidance, Announces Strategic Alternatives Process

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Go back to Multi-Color Corp. (LABL) Misses Q3 EPS by 29c, Updates Guidance, Announces Strategic Alternatives Process

Multi-Color (LABL) Attractive at Current Levels With or Without Deal - Baird

February 12, 2019 9:45 AM EST

Baird analyst Ghansham Panjabi weighed in on Multi-Color Corp (NASDAQ: LABL), saying while earnings miss/guidance lowering will likely weigh on the LABL shares, they believe that risk/reward in the low $40s remains skewed to the upside.

"We would be buyers on... More