DMC Global (BOOM) Misses Q2 EPS by 3c

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DMC Global (BOOM) PT Lowered to $59 at Stifel

July 23, 2021 6:30 AM EDT

Stifel analyst Stephen Gengaro lowered the price target on DMC Global (NASDAQ: BOOM) to $59.00 (from $64.00) while maintaining a Buy rating.

The analyst commented, "Heading into the 2Q21 print, we were a bit worried about margins and near-term earnings performance given the headwinds... More