In pattern, gun maker shares surge after California shooting

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Smith & Wesson (SWHC) PT Raised to $25 at Cowen on Another ‘Beat and Raise’

December 9, 2015 9:30 AM EST

Cowen reiterated an Outperform rating on Smith & Wesson Holding (NASDAQ: SWHC), and raised the price target to $25.00 (from $20.00), following the company's 2Q earnings report. GAAP EPS of 22¢ beat guide of 16-18¢ on sales of $143MM, $3-8MM over guide. SWHC raised GAAP EPS guide by 8¢... More