Joy Global (JOY) Misses Q3 EPS by 16c
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UBS Cuts Price Target on Joy Global (JOY) to $20 as Company Takes Initiatives to Manage Downturn
September 4, 2015 8:05 AM EDTUBS reiterated a Neutral rating on Joy Global (NYSE: JOY), and cut the price target to $20.00 (from $40.00), as the company takes initiatives to catch up with deteriorating demand.
Analyst Steven Fisher commented, "North American coal was the biggest driver behind surprisingly low Service bookings, in... More
