RBC Capital analyst Deane Dray downgrades Gates Industrial Corp (NYSE:GTES) from Outperform to Sector Perform and lowers the price target from $17 to $14.
Morgan Stanley analyst Joshua Pokrzywinski maintains Gates Industrial Corp (NYSE:GTES) with a Equal-Weight and lowers the price target from $15 to $13.
Gates Industrial Corp (NYSE:GTES) reported quarterly earnings of $0.26 per share which beat the analyst consensus estimate of $0.22 by 18.18 percent. This is a 21.21 percent decrease over earnings of $0.33 per share from
Companies Reporting Before The Bell
• Seres Therapeutics (NASDAQ:MCRB) is estimated to report quarterly loss at $0.52 per share on revenue of $8.48 million.