Wedbush Starts Calavo Growers (CVGW) at Outperform; Several Opportunities for Growth and Expansion

April 10, 2012 6:16 PM EDT
Get Alerts CVGW Hot Sheet
Price: $26.09 --0%

Rating Summary:
    6 Buy, 6 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 12 | Down: 23 | New: 22
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Wedbush initiates coverage on Calavo Growers (NASDAQ: CVGW) with an Outperform. PT $34.00.

Wedbush analyst said, "Given CVGW’s fast-growing fresh foods business, market-leading position in the growing avocado industry, margin expansion opportunities and leading distribution network, we believe shares of CVGW should trade at an approximate 20% premium to the peer group."

For an analyst ratings summary and ratings history on Calavo Growers click here. For more ratings news on Calavo Growers click here.

Shares of Calavo Growers closed at $26.18 yesterday.


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