Houlihan Lokey (HLI) PT Raised to $42 at UBS Following 1Q Beat
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Price: $130.55 -1.59%
Rating Summary:
7 Buy, 8 Hold, 1 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 19 | Down: 9 | New: 26
Rating Summary:
7 Buy, 8 Hold, 1 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 19 | Down: 9 | New: 26
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UBS raised its price target on Houlihan Lokey (NYSE: HLI) to $42.00 (from $40.00) while maintaining a Buy rating. HLI reported 1Q18 adjusted EPS of $0.50 above the consensus of $0.41 per share.
UBS raised adjusted CY17 EPS estimates by 10c to $2.05 and our adjusted CY2018 EPS estimates by 10c to $2.20 due a stronger outlook for Corporate Finance Revenues.
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