Canaccord Genuity Starts Black Diamond (BDE) at Buy; Leading Provider of Outdoor Recreation Equipment
Tweet
Share
E-mailGet Alerts BDE Hot Sheet
Price: $6.65 --0%
Rating Summary:
3 Buy, 5 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 8 | New: 12
Rating Summary:
3 Buy, 5 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 8 | New: 12
Join SI Premium – FREE
Canaccord Genuity initiates coverage on Black Diamond (NASDAQ: BDE) with a Buy. PT $12.50.
Analyst, Camilo Lyon, said, "We view BDE as a company in the early stages of a significant growth evolution driven by its expected entry into the technical apparel market in fall 2013 as well as its active pursuit of complementary tuck-in acquisitions that should add $250M to sales. In addition to the solid fundamental growth story, our BUY recommendation is further bolstered by an experienced management team as well as directors who bring a proven track record of successfully buying and integrating acquisitions."
For an analyst ratings summary and ratings history on Black Diamond click here. For more ratings news on Black Diamond click here.
Shares of Black Diamond closed at $9.45 yesterday.
Analyst, Camilo Lyon, said, "We view BDE as a company in the early stages of a significant growth evolution driven by its expected entry into the technical apparel market in fall 2013 as well as its active pursuit of complementary tuck-in acquisitions that should add $250M to sales. In addition to the solid fundamental growth story, our BUY recommendation is further bolstered by an experienced management team as well as directors who bring a proven track record of successfully buying and integrating acquisitions."
For an analyst ratings summary and ratings history on Black Diamond click here. For more ratings news on Black Diamond click here.
Shares of Black Diamond closed at $9.45 yesterday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- B.Riley Resumes Taboola (TBLA) at Buy
- Canaccord Genuity Starts Pan African Resources PLC (PAF:LN) at Buy
- CapitalOne Starts Heron Therapeutics (HRTX) at Overweight
Create E-mail Alert Related Categories
New CoverageSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
