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Enter Symbol:
Herman Miller, Inc. (MLHR) [hlAlert]

up 6.93 %

Herman Miller, Inc. (MLHR) rated Outperform by Raymond James

Posted on: Friday,  Mar 15, 2013  8:25 AM ET by Raymond James

Raymond James rated Outperform Herman Miller, Inc. (NASDAQ: MLHR) on 03/15/2013, when the stock price was $25.24. Since
then, Herman Miller, Inc. has gained 6.93% as of 01/25/2016's recent price of $26.99.
If you would have followed this Raymond James's recommendation on MLHR, you would have gained 6.93% of your investment in 1046 days.

Herman Miller, Inc. researches, designs, manufactures and distributes office furniture systems, products and related services. Most of these systems and products are designed to be used together. The Company?s primary products include furniture systems, seating, storage and material handling solutions, freestanding furniture and case goods. The Company operates through two primary business segments. The North American Furniture Solutions segment includes the operations associated with the design, manufacture and sale of furniture products for work-related settings, including office and healthcare environments, throughout the United States, Canada and Mexico. The non-North American Furniture Solutions segment includes the operations associated with the design, manufacture and sale of furniture products, primarily for work-related settings, outside of North America. Herman Miller, Inc. also reports an Other category consisting primarily of its North American Home and start-up businesses.

Our equity research team has gained national attention for stock-picking ability and analyst performance, with recognition in leading publications such as the Wall Street Journal and Institutional Investor magazine*. Raymond James’ equity research philosophy focuses on a fundamental approach that encompasses three basic points. First, we believe that superior research on select companies within well-defined industries is preferable to broad general coverage. Second, we concentrate on the identification of quality companies demonstrating solid growth potential, with the goal of helping our clients maximize their investment returns. Third, to help our clients take advantage of pockets of inefficiency in the market, we strive to locate superior companies from across the country that have the potential to provide our clients with unique opportunities.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/15/2013 8:25 AM Buy
as of 12/13/2013
1 Week down  -4.14 %
1 Month down  -7.92 %
3 Months up  8.99 %
1 YTD up  13.74 %

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