Smith & Wesson Reports SUPER Q4 Results and 3 Fresh Analyst Insights
Smith & Wesson Holding Corporation (NASDAQ:SWHC) reported amazing Q4 results because of new products, strong execution, and a number of one-time items, claims Cowen. The firm believe there has been an acceleration of long-term margin growth goals despite the idea the industry demand might slow after November elections. Shares have an Outperform rating.
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Accenture plc (NYSE:ACN) is still its top IT Service pick after Q3 results following in-line, says Cowen. The firm noted its leading peer performance including market share gains, good front end consulting, and vertical market expertise. The shares have an Outperform rating.
MSC Industrial Direct Co. Inc. (NYSE:MSM) price target was reduced by Baird due to Q4 results suggesting leveling growth eventually leading to negative operating leverage. Because of expectations of stabilizing trends late this year, the firm recommends adding to positions through the choppiness of summer. The shares have an Outperform rating.
Orbotech Ltd. (NASDAQ:ORBK) price target was lowered by Oppenheimer due to the company’s reduced 2012 full-year revenue guidance, and it removed its EPS guidance for 2012. The firm keeps an Outperform rating on shares.
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