Market Overview

Wedbush Reduces PT to $60 on Pall Corporation Due to Outlook

Related PLL
Morning Market Losers
Benzinga's Top #PreMarket Losers

Wedbush reiterates its Neutral rating on Pall Corporation (NYSE: PLL) but cuts its price target from $64 to $60.

Wedbush says, "The disappointing quarter underscores the structural work ahead for Pall's new management, while global uncertainty creates some headwinds. Although adjusted earnings from continuing operations of $0.61 were $0.09 below our estimate, we believe the longterm fundamentals of PLL's business are healthy, while the next six months are likely to be below prior expectations."

PLL closed at $52.35 on Monday.

Latest Ratings for PLL

Feb 2015Bank of AmericaDowngradesBuyNeutral
Feb 2015JP MorganMaintainsNeutral
Oct 2014Cowen & CompanyInitiates Coverage onOutperform

View More Analyst Ratings for PLL
View the Latest Analyst Ratings

Posted-In: WedbushAnalyst Color Price Target Reiteration Intraday Update Analyst Ratings


Related Articles (PLL)

Around the Web, We're Loving...

Get Benzinga's Newsletters

Our Experts vs. S&P 500Powered by Benzinga
Marketfy Products Return S&P 500
Morning Profit Maker 42.72% 6.69%
The Option Prophet 91.14% 6.69%
SecretCaps 26.55% 6.69%
Short-Term Trend Trading 11.89% 6.69%
View the highest rated products→