UPDATE: D.A. Davidson Lowers PT on General Cable Following Adjusted Q1 Earnings
May 02, 2013 at 09:25 AM EDT
In a report published Thursday, D.A. Davidson analyst Brent Thielman reiterated a Buy rating on General Cable Corporation (NYSE: BGC ), but lowered the price target from $40.00 to $38.00. In the report, Thielman noted, “General Cable reported adjusted Q1 earnings of $0.23 per share compared to our estimate of