Gun maker stocks drop ahead of Sturm Ruger's quarterly report
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Sturm Ruger (RGR) PT Raised to $62 at Wunderlich Securities on 1Q Beat; 'Distributors Outperformed Sell-Through Trends'
May 9, 2017 10:59 AM EDTWunderlich Securities raised its price target on Sturm Ruger (NYSE: RGR) to $62.00 (from $51.00) while maintaining a Hold rating, following the company's first quarter earnings report.
Analyst Rommel Dionisio notes the company provided first quarter earnings per share and revenues above consensus projections, driven by distributor... More
