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Trueblue Inc (TBI) [hlAlert]

Rating:
Buy TBI
down 16.88 %

Trueblue Inc (TBI) rated Buy by BofA/Merrill

Posted on: Friday,  Jan 10, 2014  9:25 AM ET by BofA/Merrill

BofA/Merrill rated Buy Trueblue Inc (NYSE: TBI) on 01/10/2014, when the stock price was $27.24. Since then, Trueblue Inc
has lost 16.89% of its value until BofA/Merrill rated TBI Neutral on 01/13/2016, when the price was $22.64.
If you would have followed this BofA/Merrill's recommendation on TBI, you would have lost 16.88% of your investment in 733 days.

TrueBlue, Inc. (TrueBlue) is a provider of temporary blue-collar staffing. the Company operates through brands, such as Labor Ready for on-demand, general labor services, Spartan Staffing for light industrial temporary services, CLP Resources (CLP), for skilled construction trade services, PlaneTechs, for skilled aviation services and Transportation Logistics Company (TLC) for professional truck drivers. The Company serves approximately 250,000 small to mid-sized businesses in the construction, warehousing, hospitality, landscaping, transportation, light manufacturing, retail, wholesale, facilities, sanitation, and aviation industries. In February 2008, the Company purchased TLC Services Group, Inc. In April 2008, it acquired Personnel Management, Inc. (PMI). During the fiscal year ended December 26, 2008 (fiscal 2008), the Company put approximately 500,000 people to work through its brands.

BofA/Merrill
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/13/2016 10:25 AM Hold
None
22.64
as of 10/17/2014
1 Week up  6.28 %
1 Month down  -3.03 %
3 Months down  -15.86 %
1 YTD down  -5.02 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/10/2014 9:25 AM Buy
None
27.24

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