Zacks Upgrades Sypris Solutions to Neutral (SYPR)
Sypris Solutions (NASDAQ:SYPR) was upgraded by Zacks from an “underperform” rating to a “neutral” rating in a research note issued on Tuesday, AnalystRatings.NET reports. The firm currently has a $3.10 target price on the stock. Zacks‘ price target would indicate a potential upside of 1.31% from the stock’s previous close.
Sypris Solutions (NASDAQ:SYPR) remained flat at $3.06 during during mid-day trading trading on Tuesday. The stock had a trading volume of 3,329 shares. Sypris Solutions has a 1-year low of $3.00 and a 1-year high of $7.30. The stock has a 50-day moving average of $3.11 and a 200-day moving average of $3.28. The company’s market cap is $59.2 million.
Sypris Solutions (NASDAQ:SYPR) last released its earnings data on Tuesday, August 6th. The company reported ($0.08) EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.03 by $0.11. The company had revenue of $82.20 million for the quarter, compared to the consensus estimate of $79.90 million.
Sypris Solutions, Inc (NASDAQ:SYPR) is a provider of outsourced services and specialty products.
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