New Analyst Ratings and Price Targets in the Consumer Goods Sector: DORM, SHOO, ROG

Wall St. Watchdog reveals information about companies for which stock analysts initiated coverage in the Consumer Goods sector for the week ending December 2nd, 2011.

  • Dorman Products (NASDAQ:DORM): BWS Financial initiated coverage of this company with a rating of Sell and a price target of $20 on Nov 29th. The shares recently traded at $37.88, up $0.98, or 2.66% since the analyst’s rating. About the company: Dorman Products, Inc. supplies automotive products and home hardware. The Company supplies its products to the automotive aftermarket and mass merchandise markets. Get the most recent company news and stock data here >>
  • Steven Madden (NASDAQ:SHOO): Canaccord Genuity initiated coverage of this company with a rating of Buy and a price target of $47 on Dec 2nd. The shares recently traded at $36.51, up $0.52, or 1.44% since the analyst’s rating. About the company: Steven Madden, Ltd. designs and markets fashion footwear for women. The Company’s shoes are sold through Steve Madden retail stores, department stores, apparel and footwear specialty stores, and online. Steven Madden has licensees, including sportswear and jeans, outerwear, intimate apparel, eyewear, hosiery, and jewelry, and owns and operates a retail store under its David Aaron brand. Get the most recent company news and stock data here >>
  • Amerigon (NASDAQ:ARGN): Needham initiated coverage of this company with a rating of Hold on Dec 2nd. The shares recently traded at $16.44, up $0.61, or 3.85% since the analyst’s rating. About the company: Amerigon Incorporated develops and markets high-technology products for automotive original equipment manufacturers. The Company currently offers its Climate Control Seat system and its AmeriGuard radar system. Amerigon’s radar system extends the driver’s field of view in applications such as parking aids, backup warning systems, and side object detection. Get the most recent company news and stock data here >>
  • Rogers Corp (NYSE:ROG): Rodman & Renshaw initiated coverage of this company with a rating of Mkt Outperform and a price target of $55 on Dec 2nd. The shares recently traded at $41.10, up $1.22, or 3.06% since the analyst’s rating. About the company: Rogers Corporation manufactures and markets specialty materials and components for applications in the communications, computer, imaging, consumer, and transportation markets. The Company’s products include elastomers, high frequency circuit materials, flexible circuit materials, molding materials, and composite materials. Rogers sells its products around the world. Get the most recent company news and stock data here >>

(Note: Selected financial data are sourced from Briefing.com via the Wall St. Journal. All data are assumed to be accurate.)

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