Rosenblatt analyst Barton Crockett raised the firm’s price target on Quad/Graphics (QUAD) to $10.30 from $7.70 and keeps a Buy rating on the shares following the investor day. The company introduced very long-term guidance, saying sales trajectory can return to growth in three years, while EBITDA margins rise at least 100 points in three years and 140-640 points in five, the analyst tells investors in a research note. The firm says Quad “delved into its nascent but intriguing In-Store Connect effort,” which it sees contributing to the consolidated improvement.
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Read More on QUAD:
- Quad/Graphics to Showcase Transformation in Investor Presentation
- Quad/Graphics management to meet with Rosenblatt
- Quad/Graphics price target raised to $10 from $8.50 at Barrington
- Quad/Graphics Reports Q3 2024 Earnings and Strategic Moves
- Quad/Graphics reports Q3 adjusted EPS 26c, two estimates 23c
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
