Brean Murray Carret & Co. Starts Oxford Industries (OXM) at Buy; Moving to the Hybrid Model

May 13, 2011 7:15 AM EDT Send to a Friend
Get Alerts OXM Hot Sheet
Price: $64.90 +0.15%

Rating Summary:
    3 Buy, 0 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 11 | Down: 18 | New: 13
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Brean Murray Carret & Co. initiates coverage on Oxford Industries (NYSE: OXM) with a Buy. PT $44.

Brean analyst says, "While the stock has had a strong run lately, we believe investors still view Oxford in the prism of an apparel manufacturer. As it becomes increasingly more evident in FY12 and beyond that the company has made the jump to hybrid status, we believe investors will ratchet up valuation standards accordingly."

For more ratings news on Oxford Industries click here and for the rating history of Oxford Industries click here.

Shares of Oxford Industries closed at $37.97 yesterday, with a 52 week range of $17.05-$38.10.


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