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Methode Electronics (NYSE:MEI) Now Covered by Jefferies Financial Group

Jefferies Financial Group began coverage on shares of Methode Electronics (NYSE:MEI – Free Report) in a report published on Tuesday morning, Marketbeat.com reports. The brokerage issued a hold rating and a $12.00 target price on the electronics maker’s stock. Separately, Sidoti reissued a neutral rating and set a $17.00 price target on shares of Methode […] ....

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Methode Electronics (NYSE:MEI) Hits New 1-Year Low at $20.00

Methode Electronics, Inc. (NYSE:MEI – Get Free Report)’s stock price hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as $20.00 and last traded at $20.00, with a volume of 158507 shares changing hands. The stock had previously closed at $21.82. Analyst Ratings Changes Separately, StockNews.com cut shares […] ....

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Methode Electronics (NYSE:MEI) Lowered to "Sell" at StockNews.com

Methode Electronics (NYSE:MEI – Get Free Report) was downgraded by analysts at StockNews.com from a “hold” rating to a “sell” rating in a report released on Friday. Separately, Robert W. Baird decreased their price objective on shares of Methode Electronics from $38.00 to $27.00 in a research report on Friday, September 8th. Read Our Latest […] ....

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Methode Electronics (NYSE:MEI) Issues FY24 Earnings Guidance

Methode Electronics (NYSE:MEI – Get Rating) issued an update on its FY24 earnings guidance on Monday morning. The company provided earnings per share (EPS) guidance of $1.55-1.75 for the period, compared to the consensus estimate of $2.58. The company issued revenue guidance of $1.15-1.20 billion, compared to the consensus revenue estimate of $1.19 billion. Methode […] ....

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