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  • Avery Dennison: A 'Dog' You Can Love  [View article]
    Aug 14, 2009, 7:19 a.m. EST

    Avery Dennison upped to overweight at J.P. Morgan

    (MarketWatch) — Analysts at J.P. Morgan lifted their rating Friday on Avery Dennison Corp. (AVY 27.91, +0.48, +1.75%) to overweight from neutral and hiked their price target on the stock to $33 from $25.

    In a note to clients, they wrote that they believe the Pasadena, Calif.-based provider of labels, retail tags, branding systems and office supplies “is well positioned for a period of margin expansion as demand rebounds from cyclically depressed levels.” Shares of Avery Dennison ended Thursday at $27.43
    Aug 14 10:17 am |Rating: +2 0 |Link to Comment
  • Avoiding Avery Dennison for Now [View article]
    Using a 20-year average money market rate of 4.61% when current money market rates are under 2% makes no sense.

    You need to compare the current yield of the stock to the presently available MM rates to have any validity.
    Sep 02 08:19 am |Rating: +1 0 |Link to Comment
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