DTS, Inc. (DTSI) Misses Q3 EPS by 11c; Trims FY15 Outlook

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Go back to DTS, Inc. (DTSI) Misses Q3 EPS by 11c; Trims FY15 Outlook

Cowen Cuts Price Target on DTS, Inc. (DTSI) Following a Soft 3Q

November 10, 2015 8:00 AM EST

Cowen maintained an Outperform rating on DTS Inc. (NASDAQ: DTSI), and cut the price target to $43.00 (from $47.00) following the company's 3Q earnings report. DTSI reported EPS that was 26% below the Street on 14% lower revenue, partially offset by lower expenses. Revenue guidance was reduced... More