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Enter Symbol:
 
Stein Mart, Inc. (SMRT) [hlAlert]

Rating:
Mkt Outperform
SMRT
up 24.61 %

Stein Mart, Inc. (SMRT) upgraded to Mkt Outperform with price target $12 by Avondale

Posted on: Friday,  Feb 8, 2013  3:25 PM ET by Avondale

Avondale rated Mkt Outperform Stein Mart, Inc. (NASDAQ: SMRT) on 02/08/2013, when the stock price was $8.41.
Since then, Stein Mart, Inc. has gained 24.61% as of 11/20/2015's recent price of $10.48.
If you would have followed this Avondale's recommendation on SMRT, you would have gained 24.61% of your investment in 1015 days.

Stein Mart, Inc. operates retail store chain offering fashionable, current-season, primarily branded merchandise comparable in quality and presentation to that of traditional department and fine specialty stores at prices typically 25% to 60% below those regularly charged by such stores. The company is focused on assorting merchandise that features moderate to designer brand-name apparel for women, men and children, as well as accessories, gifts, linens, shoes and fragrances.

Avondale’s research analysts are charged with producing high quality, independent, value-added, and timely investment analysis / advice. The firm’s strategy is to deemphasize maintenance research, and instead direct the overwhelming majority of our efforts on developing well-constructed, actionable recommendations, in part by leveraging proprietary networks of industry contacts. Avondale’s growing research department now totals 25 professionals. Senior analysts average 14 years of industry experience and are routinely recognized by a variety of nationally known rating entities. In the last two years, Avondale Analysts were named to the Wall Street Journal’s Best on the Street poll as well as Forbes.com’s Top Analyst Rankings.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/8/2013 3:25 PM Buy
None
8.41 12.00
as of 12/13/2013
1 Week down  -5.74 %
1 Month down  -18.24 %
3 Months up  1.46 %
1 YTD up  56.12 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/4/2011 8:25 AM Hold
None
6.96 7.00
12/1/2010 11:25 AM Hold
None
10.09 10.00

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