Information Provided By:
Fly News Breaks for May 4, 2018
AAON
May 4, 2018 | 06:55 EDT
DA Davidson analyst Brent Thielman lowered his price target on AAON to $32 after its Q1 earnings miss, saying the company's gross margin headwinds anticipated for the rest of FY18 and into FY19 were especially concerning. The analyst notes rising costs for equipment as well as new facility and products, adding that the runway to "historical gross margins" could extend beyond Q4. Thielman keeps his Neutral rating but says he will look for "more appealing entry points".
News For AAON From the Last 2 Days
There are no results for your query AAON