E2open (EOPN) Tops Q1 EPS by 1c, Offers Q2 & FY Gudiance

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Go back to E2open (EOPN) Tops Q1 EPS by 1c, Offers Q2 & FY Gudiance

BofA/Merrill Lynch Downgrades E2open (EOPN) to Neutral

July 14, 2014 7:36 AM EDT

BofA/Merrill Lynch downgraded E2open (NASDAQ: EOPN) from Buy to Neutral with a price target of $21.50 (from $24.00) following in-linen Q1 results and light guidance.

Analyst Scott Shiao said while the long-term opportunity is intact there is increasing near-term risk.

They firm cut FY... More