Seeking Alpha

Smith & Wesson jumps on Lake Street upgrade, firm sees earnings as catalyst

  • Smith & Wesson (SWHC +4.2%) jumps after Lake Street upgrades shares to Buy from Hold and raises its PT to $17 from $12.
  • The firm thinks downside risk is low going into next week's earnings report and that an in-line performance would be a catalyst for shares. Analysts expect EPS of $0.21 on revenue of $137.5M (+0.7% Y/Y).
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