WR Hambrecht Starts Dover Saddlery (DOVR) at Buy

April 2, 2007 9:04 AM EDT

WR Hambrecht initiates coverage on Dover Saddlery, Inc. (Nasdaq: DOVR) with a Buy rating and $11 price target. The firm cites retail expansion plan, improved sales and productivity in its newly acquired stores, and the exit of its largest competitor, State Line Tack.


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