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CSTE

Caesarstone

$20.90

0.45 (2.20%)

, PERI

Perion Network

$1.00

(0.00%)

06:37
02/07/18
02/07
06:37
02/07/18
06:37

Caesarstone names Ophir Yakovian as CFO

Caesarstone (CSTE) announced the appointment of Ophir Yakovian as the company's new CFO. Yakovian is expected to join Caesarstone in April 2018. Yakovian brings nearly 20 years of experience in various financial roles, most recently serving as CFO of Perion Network (PERI) and prior to that as CFO of Tnuva Group, Israel's largest food manufacturer.

CSTE

Caesarstone

$20.90

0.45 (2.20%)

PERI

Perion Network

$1.00

(0.00%)

  • 07

    Feb

CSTE Caesarstone
$20.90

0.45 (2.20%)

01/22/18
FBCO
01/22/18
DOWNGRADE
Target $21
FBCO
Underperform
Caesarstone downgraded to Underperform from Neutral at Credit Suisse
Credit Suisse analyst Susan Maklari downgraded Caesarstone to Underperform from Neutral saying that while the company is working to better establish its industry positioning, the outcomes of its efforts remain uncertain. The analyst looks for profitability to remain under pressure through 2018 driven by ongoing inefficiencies at its Richmond Hill facility, extending cycle and set up times, and an ever more competitive landscape. Maklari also lowered her price target on the shares to $21 from $28.
01/08/18
CHDN
01/08/18
UPGRADE
CHDN
Buy
Caesarstone upgraded to Buy from Neutral at Chardan
11/02/17
JPMS
11/02/17
DOWNGRADE
Target $25
JPMS
Underweight
Caesarstone downgraded to Underweight from Neutral at JPMorgan
JPMorgan analyst Michael Rehaut downgraded Caesarstone to Underweight saying competition is likely to increase and limit earnings growth. The analyst believes gross margin downside is likely over time and cut his price target for the shares to $25 from $35. He expects the shares to underperform peers.
08/02/17
STFL
08/02/17
NO CHANGE
STFL
Buy
Caesarstone weakness a buying opportunity, says Stifel
Stifel analyst John Baugh believes Caesarstone weakness following its earnings report is a buying opportunity as he does not think there are long-term structural issues on gross margins. Gross margin headwinds due to foreign exchange and raw materials seem to be "abating somewhat," while the U.S. growth rate remains favorable, said Baugh, who keeps a Buy rating on the shares.
PERI Perion Network
$1.00

(0.00%)

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