Dougherty & Co Upgrades Raven Industries (RAVN) to Buy; Tour of Site Gives Added Confidence
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Price: $58.08 --0%
Rating Summary:
2 Buy, 5 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
2 Buy, 5 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Dougherty & Co upgraded Raven Industries (NASDAQ: RAVN) to Buy with a price target raised from $66 to $68.
Analyst, Andrea James, said, "After touring Raven Industries’ headquarters, and meeting with management and several division heads last week, we are raising our price target and upgrading our rating on RAVN shares. We come away with added confidence in RAVN’s innovation plans and growth pipeline, as well as a better sense of the management team’s visibility into endmarket demand."
Dougherty raises FY14 revenues to $463.875 mln. EPS maintained at $3.35.
For an analyst ratings summary and ratings history on Raven Industries click here. For more ratings news on Raven Industries click here.
Shares of Raven Industries closed at $61.01 yesterday.
Analyst, Andrea James, said, "After touring Raven Industries’ headquarters, and meeting with management and several division heads last week, we are raising our price target and upgrading our rating on RAVN shares. We come away with added confidence in RAVN’s innovation plans and growth pipeline, as well as a better sense of the management team’s visibility into endmarket demand."
Dougherty raises FY14 revenues to $463.875 mln. EPS maintained at $3.35.
For an analyst ratings summary and ratings history on Raven Industries click here. For more ratings news on Raven Industries click here.
Shares of Raven Industries closed at $61.01 yesterday.
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