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up 88.22 %

LORILLARD INC (LO) rated Outperform by Wells Fargo

Posted on: Tuesday,  Oct 16, 2012  8:25 AM ET by Wells Fargo

Wells Fargo rated Outperform LORILLARD INC (NYSE: LO) on 10/16/2012, when the stock price was $38.51. Since
then, LORILLARD INC has gained 88.22% as of 06/11/2015's recent price of $72.48.
If you would have followed this Wells Fargo's recommendation on LO, you would have gained 88.22% of your investment in 968 days.

Lorillard, Inc. (Lorillard) is a manufacturer of cigarettes in the United States. The Company?s Newport brand accounted for approximately 93.7% of its sales revenue for the year ended December 31, 2008. In addition to the Newport brand, its product line has five additional brand families marketed under the Kent, True, Maverick, Old Gold and Max brand names. These six brands include 44 different product offerings which vary in price, taste, flavor, length and packaging. In the United States and certain United States possessions and territories, it shipped 37.8 billion cigarettes in 2008.

The investment research content is provided by Wells Capital Management, a registered investment adviser and wholly owned subsidiary of Wells Fargo Bank, N.A. Our economists’ expertise on domestic markets, and national and global trends, is an important resource to the firm. Wells Capital Management economists are known for their thoughts on investment strategy, macro-economic forecasts and other top-down analysis, and share their views on bonds, midcaps and liquidity management in their publications.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/16/2012 8:25 AM Buy
as of 12/31/2012
1 Week down  -0.07 %
1 Month down  -3.70 %
3 Months down  -0.01 %
1 YTD down  -0.01 %

(*) Stock Price at the time of the recommendation.
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