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Stock Market & Financial Investment News

News Breaks
December 7, 2012
07:51 EDTSWHCSmith & Wesson results suggest higher earnings estimates, says Cowen
Cowen believes investors have anticipated slowing gun demand but evidence suggests estimates are more likely to move up. Smith & Wesson posted super Q2 results and despite recent stock performance maintains a low valuation. The firm cited raised guidance, demand impetus from the fiscal cliff overhang, and a new product launch. Shares are Outperform rated.
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