B. Riley analyst Jeff Van Sinderen lowered the firm’s price target on Universal Electronics to $9 from $13 and keeps a Neutral rating on the shares. The company’s Q3 adjusted EPS beat consensus estimates, though adjusted sales fell short, as the Legacy decline continues, the analyst tells investors in a research note.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on UEIC: