ClubCorp Holdings (MYCC) Misses Q3 EPS by 6c

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Imperial Capital Cuts Price Target on ClubCorp Holdings (MYCC) to $16 Following 3Q Report

October 17, 2016 7:07 AM EDT

Imperial Capital maintained an Outperform rating on ClubCorp Holdings (NYSE: MYCC), and cut the price target to $16.00 (from $21.00), following the company's 3Q earnings report. At the end of 2016, ClubCorp will have completed reinvention capex at nearly all 2014-2016 acquired clubs. Additionally, ClubCorp is... More

Stifel Cuts Price Target on ClubCorp Holdings (MYCC) to $17; Reiterates Buy

October 14, 2016 9:53 AM EDT

Stifel reiterated a Buy rating on ClubCorp Holdings (NYSE: MYCC), and cut the price target to $17.00 (from $18.00), following the company's 3Q. Consolidated adjusted EBITDA totaled $59M, in line with consensus. The relative underperformance was driven by softer than expected 3% GCC revenue miss vs. consensus,... More