Smith & Wesson (SWHC) Tops Q4 EPS by 10c, FY16 Guidance Mixed

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RBC Capital Upgrades Smith & Wesson Holding (SWHC) to Outperform

June 19, 2015 6:25 AM EDT

RBC Capital upgraded Smith & Wesson Holding (NASDAQ: SWHC) from Sector Perform to Outperform with a price target of $21.00 (from $16.00).

Analyst Steven Cahall commented, "SWHC reported a strong Q4, and its outlook suggests a continued top-line recovery with scope to raise estimates during... More