UPDATE: Jefferies Starts Skullcandy (SKUL) at Buy
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Price: $6.35 --0%
Rating Summary:
5 Buy, 8 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 11 | New: 14
Rating Summary:
5 Buy, 8 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 11 | New: 14
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UPDATE: Jefferies initiated coverage on Skullcandy (Nasdaq: SKUL) with a Buy rating and $22 price target.
The firm states, "We like Skullcandy for its powerful brand, exposure to the growing music lifestyle and compelling growth opportunities, both domestically and internationally. We view current risk / reward as favorable and are initiating coverage of Skullcandy with a Buy rating and a 12-month price target of $22."
For more ratings news on Skullcandy click here and for the rating history of Skullcandy click here.
Shares of Skullcandy closed at $15.49 yesterday.
The firm states, "We like Skullcandy for its powerful brand, exposure to the growing music lifestyle and compelling growth opportunities, both domestically and internationally. We view current risk / reward as favorable and are initiating coverage of Skullcandy with a Buy rating and a 12-month price target of $22."
For more ratings news on Skullcandy click here and for the rating history of Skullcandy click here.
Shares of Skullcandy closed at $15.49 yesterday.
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