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FARO

FARO Technologies

$52.80

(0.00%)

10:29
05/17/18
05/17
10:29
05/17/18
10:29

FARO Technologies management to meet with Craig Hallum

Meeting to be held in Denver/Salt Lake City on May 17 hosted by Craig Hallum.

  • 17

    May

  • 29

    May

FARO FARO Technologies
$52.80

(0.00%)

11/27/17
CHLM
11/27/17
NO CHANGE
Target $60
CHLM
Buy
FARO Technologies price target raised to $60 from $55 at Craig-Hallum
Craig-Hallum analyst Greg Palm raised his price target for FARO Technologies to $60 from $55 as he is incrementally more confident in the near-term trajectory and potential for additional positive earnings surprises following a significant multi-year turnaround after traveling with the company's CFO Bob Seidel. The analyst sees further share price appreciation on continued evidence of the recent turnaround and management's ability to hit its 2019 targets. He reiterates a Buy rating on the shares.
02/23/18
ADAM
02/23/18
NO CHANGE
Target $66
ADAM
Buy
FARO Technologies price target raised to $66 from $52 at Canaccord
Canaccord analyst Bobby Burleson raised his price target on FARO Technologies to $66 from $52, saying the company appears well positioned to deliver operating leverage as revenue growth rates recover into the mid-teens. He also sees new products and investments in emerging verticals driving more sustainable growth going forward. Burleson reiterated his Buy rating on FARO shares.
02/23/18
CHLM
02/23/18
NO CHANGE
Target $68
CHLM
Buy
FARO Technologies price target raised to $68 from $60 at Craig-Hallum
Craig-Hallum analyst Greg Palm raised his price target on FARO Technologies to $68 from $60 and reiterated a Buy rating after the company "handily" beat expectations for the second quarter in a row. In a research note to investors, Palm said he expects increased investor interest following back-to-back "solid" quarters and says estimates remain well below management's fiscal 2019 targets, leaving plenty of room for upward earnings revisions should solid execution continue.
02/23/18
NEED
02/23/18
NO CHANGE
Target $65
NEED
Buy
FARO Technologies price target raised to $65 from $53 at Needham
Needham analyst James Ricchiuti raised his price target on FARO Technologies to $65 after the company's Q4 earnings beat, saying the company saw the strongest operating margins in the quarter in 3 years. Ricchiuti adds that FARO Technologies has entered 2018 with strong momentum in the construction BIM/CIM market and expects the management to reposition the company in new growth markets over the next two years.

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