Soleil Starts 1-800-Flowers.com (FLWS) at Buy

March 7, 2008 8:49 AM EST

Soleil Securities Group initiates coverage on 1-800-Flowers.com (Nasdaq: FLWS) with a Buy rating and an $11 price target.

The firm expects 1-800-Flowers.com to grow profits at about 25-35% CAGR over the next three years due to initiatives created by management that have improved the Company's business model.

1-800-FLOWERS.COM, Inc., together with its subsidiaries, operates as a gift retailer in the United States. [bcs]


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