Jefferies Starts Tumi Holdings (TUMI) at Buy
Tweet
Share
E-mail
Get Alerts TUMI Hot Sheet
Price: $26.74 --0%
Rating Summary:
2 Buy, 9 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
2 Buy, 9 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Join SI Premium – FREE
Jefferies initiates coverage on Tumi Holdings (NYSE: TUMI) with a Buy. PT $30.00.
The firm comments, "We like Tumi's luxury brand positioning, early stage growth profile and significant global expansion opportunity. We view the current risk/reward as favorable and initiate coverage with a Buy rating and $30 12-month price target."
Jefferies acted as co-manager in TUMI's April IPO.
For an analyst ratings summary and ratings history on Tumi Holdings click here. For more ratings news on Tumi Holdings click here.
Shares of Tumi Holdings closed at $21.17 yesterday.
The firm comments, "We like Tumi's luxury brand positioning, early stage growth profile and significant global expansion opportunity. We view the current risk/reward as favorable and initiate coverage with a Buy rating and $30 12-month price target."
Jefferies acted as co-manager in TUMI's April IPO.
For an analyst ratings summary and ratings history on Tumi Holdings click here. For more ratings news on Tumi Holdings click here.
Shares of Tumi Holdings closed at $21.17 yesterday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Jefferies upgrades Five Below to Buy, sees path to TJX-like re-rating
- Jefferies sees a buying opportunity in this S&P 500 sector
- Jefferies on Yeti Holdings Inc. (YETI): 'Reiterate Buy on Today's Weakness'
Create E-mail Alert Related Categories
New CoverageRelated Entities
Jefferies & CoSign 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!
