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WR Hambrecht Starts Dover Saddlery (DOVR) at Buy

April 2, 2007 9:04 AM EDT
DOVR Hot Sheet
Rating Summary:
    0 Buy, 0 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 16 | Down: 7 | New: 23
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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