Vestis Corp (NYSE: VSTS ) on Tuesday reported better-than-expected second- quarter financial results .
Vestis reported quarterly earnings of 16 cents per share which beat the analyst consensus estimate of 8 cents per share. The company reported quarterly sales of $659.400 million which beat the analyst consensus estimate of $655.311 million.
Vestis shares dipped 9.1% to trade at $10.88 on Wednesday.
These analysts made changes to their price targets on Vestis following earnings announcement.
Baird analyst Andrew Wittmann maintained the stock with a Neutral and raised the price target from $10 to $14. Stifel analyst Shlomo Rosenbaum maintained Vestis with a Hold and raised the price target from $8.5 to $11.Considering buying VSTS stock? Here’s what analysts think:
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Posted In: Earnings News Price Target Markets Analyst Ratings Trading Ideas PT Changes