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March 14, 2014
07:47 EDTMEIMethode Electronics weakness a buying opportunity, says RW Baird
Baird has been waiting for a pullback in Methode Electronics to become more aggressive in the name. The firm said its investment thesis remains intact citing its existing contracts and new technologies forming the foundation for future growth. Shares are Outperform rated and price target raised to $38 from $37.
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June 26, 2015
08:06 EDTMEIMethode Electronics price target lowered to $36 from $52 at Baird
Baird feels Methode Electronics shares should stabilize in the low $30's as the growth/momentum shareholder base transitions to small-cap value. The firm believes the shares are becoming attractive for small-cap investors, as its valuation is at a discount to its historical range following its recent sell-off. Baird reiterated its Neutral rating and lowered its price target to $36 from $52 on Methode Electronics shares.
June 25, 2015
09:38 EDTMEIMethode Electronics plunges on outlook, levels to watch
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09:08 EDTMEIOn The Fly: Pre-market Movers
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08:54 EDTMEIMethode Electronics Q4 EPS 68c, consensus 68c
Reports Q4 revenue $227.3M, consensus $228.07M.
06:42 EDTMEIMethode Electronics sees FY16 EPS $2.07-$2.22, consensus $2.75
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