FEI Co (FEIC) Misses Q1 EPS by 6c
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April 30, 2014 11:15 AM EDT
Noble Financial maintains FEI Co. (Nasdaq: FEIC) at Sell with a price target of $77 following Q1 results.
Analyst Mark Miller commented, The overall book-to-bill for the quarter was 1.09 resulting in the backlog sequentially increasing by $21 million to $494.6 million.
However, the overall order situation resulted in both sales and income guidance for the June quarter to again be well below investor expectations.
In previous reports, we had cited... More
April 30, 2014 9:55 AM EDT
Needham & Company analyst James Ricchiuti cut his price target on FEI Company (NASDAQ: FEIC) to $98.00 (from $105.00) following the company's Q1 miss. However, the analyst maintained a Buy rating as it was the first miss in over 5 years.
Ricchiuti comments, "FEIC after the market... More
