Market Overview

UPDATE: S&P Capital Downgrades WD-40

Related WDFC
Stocks Going Ex Dividend The Third Week Of July
6 Stocks To Watch For July 10, 2017

In a note dated April 10th, S&P Capital downgraded WD-40 (NASDAQ: WDFC) from Sell to Hold and reduced the price target from $74 to $67.

S&P analyst J. Agnese commented, "While strong demand in the Americas and EMEA is encouraging, we are concerned growth will be pressured by price increases needed to cover rising raw material expenses and by higher freight costs."

Looking forward, Agnese's fiscal year 14 EPS estimate remains unchanged at $2.76, which is at the higher end of the guidance range ($2.65 - $2.80).

Latest Ratings for WDFC

Oct 2016WunderlichMaintainsHold
Aug 2016JefferiesInitiates Coverage onHold
Jan 2016B. RileyMaintainsNeutral

View More Analyst Ratings for WDFC
View the Latest Analyst Ratings

Posted-In: J. Agnese S&P CapitalAnalyst Color Downgrades Price Target Analyst Ratings


Related Articles (WDFC)

View Comments and Join the Discussion!