Faro Technologies (FARO) Tops Q3 EPS by 14c
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Faro Technologies (FARO) PT Raised to $46 at Stifel on 3Q Earnings; 'Sustainability of Revenue Growth and Opex Controls Remain Key'
October 30, 2017 7:22 AM EDTStifel raised its price target on Faro Technologies (NASDAQ: FARO) to $46.00 (from $33.00) while maintaining a Hold rating, following the company's third quarter earnings report.
Analyst Patrick Newton notes a positive outlook on the shares, as the company reported third quarter earnings per share... More
Faro Technologies (FARO) PT Raised to $52 at Canaccord Genuity
October 30, 2017 4:52 AM EDTCanaccord Genuity raised its price target on Faro Technologies (NASDAQ: FARO) to $52.00 (from $42.00) while maintaining a Buy rating.
Analyst Bobby Burleson sees more room for appreciation following to run-up after the Q3 EPS beat noting NT tailwinds from YE budget operating leverage into 2018. The analyst raises FY 2017 EPS by ~36%.
... More