Information Provided By:
Fly News Breaks for October 5, 2018
JBL, EFII
Oct 5, 2018 | 06:41 EDT
Loop Capital analyst Ananda Baruah kept his Buy rating and $50 price target on Electronics for Imaging (EFII) after the company announced William Muir as its new CEO. The analyst notes that a number of investors have expressed that they could turn more bullish on the stock under a new CEO and believes that Mr. Muir fits the bill given his experience in manufacturing industries, experience with building "significantly larger" businesses, and his prior responsibilities as the President of Asia business at Jabil (JBL). Baruah further states that Electronics for Imaging has "good momentum across its business segments, multiple catalysts through 2019, and plenty of room for P/E expansion".
News For EFII;JBL From the Last 2 Days
There are no results for your query EFII;JBL