Morgan Joseph Reiterates a 'Buy' on Susser Holdings (SUSS)
More News related to SUSS
- BMO Capital Initiates Coverage on Susser Holdings (SUSS) with a Market Perform
- Susser Holdings to Present Today at Sidoti Emerging Growth Conference
- Morgan Joseph Reiterates a 'Buy' on Susser Holdings (SUSS)
- Susser Holdings (SUSS) Files $200M Mixed Shelf
- Susser Holdings (SUSS) Posts Q3 EPS of $0.38, Tops Estimates
Morgan Joseph reiterates a 'Buy' on Susser Holdings (Nasdaq: SUSS), price target $14.
Morgan analyst says, "Valuation remains compelling; Susser continued its rare, in this economy, streak of positive comparable store sales gains (up 8% in 2008 and 2007 - YTD up 5%) while maintaining solid margin returns. Operating costs, as a percentage of sales, continued to decline Y/Y with EBITDA up 4% Y/Y despite what was considered extremely challenging comparisons. Trading below its peer group multiple, we reiterate our Buy rating and $14 price target."
To see more analyst ratings on SUSS Click Here.
Susser Holdings Corporation, together with its subsidiaries, operates convenience stores and distributes motor fuels in Texas, New Mexico, and Oklahoma.
Related Categories
Analyst CommentsStocks Mentioned
-0.19Related Entities
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
