Electronics for Imaging price target raised to $60 from $50 at Brean Capital Brean Capital raised its price target on Electronics for Imaging citing expectations for better than expected full year results. The firm cited expectations for continued earnings and revenue growth, low Street expectations, and a refreshed product cycle. Shares are Buy rated.
Electronics for Imaging sees Matan acquisition slightly accretive to FY15 EPS Sees Reggiani and Matan acquisitions revenue contribution approximately 8%-10% of total revenue and slightly accretive to FY15 adjusted EPS. Guidance from presentation slides.