Maxim lowered the firm’s price target on Emerald Holding (EEX) to $8 from $11 and keeps a Buy rating on the shares. The company’s results missed estimates and consensus due to event cancellations and softness in the Content business, the analyst tells investors in a research note.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on EEX: