Quiksilver new CEO adds credibility, says DA Davidson After Quicksilver announced that it was hiring Disney (DIS) veteran Andy Mooney as its new CEO, DA Davidson believes that Mooney's impressive resume adds credibility to Quicksilver's turnaround efforts. The firm raised its price target on the stock to $7 from $5 and reiterates a Buy rating.
News For ZQK From The Last 14 Days
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Quiksilver reports Q1 EPS (13c), consensus (6c) Reports Q1 revenue $392.6M, consensus $407.56M. Says improved loss per share primarily attributable to income tax benefits of $10M recognized in continuing operations related to the sale of the Mervin and Hawk businesses, which are not expected to be recurring.