Analysts Start Covering These 2 Consumer Goods Stocks
Wall St. Watchdog reveals information about companies for which stock analysts initiated coverage in the Consumer Goods sector for the week ending October 28th, 2011:
- Arctic Cat (NASDAQ:ACAT): Feltl & Co. initiated coverage of this company with a rating of Buy and a price target of $21. About the company: Arctic Cat Inc. designs, engineers, manufactures, and markets snowmobiles and all-terrain vehicles under the Arctic Cat brand name. The Company also sells personal watercraft products under the Tigershark brand name. In addition, Arctic Cat sells related parts, garments, and accessories.
- lululemon athletica (NASDAQ:LULU): Janney Mntgmy Scott initiated coverage of this company with a rating of Neutral and a price target of $57. About the company: Lululemon Athletica Inc designs and retails athletic clothing. The Company produces fitness pants, shorts, tops and jackets for yoga, dance, running, and general fitness.
(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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