Cabelas, Inc. (CAB) Misses Q1 EPS by 1c; Guides Q2 EPS Below the Street

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Go back to Cabelas, Inc. (CAB) Misses Q1 EPS by 1c; Guides Q2 EPS Below the Street

Light at the End of the Tunnel for Cabela (CAB), Piper Jaffray Says

April 25, 2014 8:45 AM EDT

Piper Jaffray analyst Sean Naughton reiterated a Neutral rating on Cabela's (NYSE: CAB) following Q1 results but bumped his price target to $67.00 (from $63.00). Despite challenging trends the analyst sees light at the end of the tunnel.

Naughton commented, "The Q1 comp sales... More