Alpha & Omega price target lowered to $28 from $35 at B. Riley

B. Riley lowered the firm’s price target on Alpha & Omega to $28 from $35 and keeps a Neutral rating on the shares. The company’s Q1 results were ahead on sales and in-line with EPS, but its Q2 guidance was below consensus, the analyst tells investors. The overall positives and negatives are “evenly matched” for the company, with sharper quarter-over-quarter growth, margin expansion, and EPS upside at least a few quarters away, the firm says.