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down 40.64 %

SUMMER INFANT INC (SUMR) rated Buy with price target $5.50 by Wunderlich

Posted on: Wednesday,  Mar 4, 2015  3:25 PM ET by Wunderlich

Wunderlich rated Buy SUMMER INFANT INC (NASDAQ: SUMR) on 03/04/2015. Previously Wunderlich rated Buy SUMMER INFANT INC (NASDAQ: SUMR) on 12/17/2014.,
when the stock price was $2.78. Since then, SUMMER INFANT INC has lost 40.65% as of 08/27/2015's recent price of $1.65.
If you would have followed the previous Wunderlich's recommendation on SUMR, you would have lost 40.64% of your investment in 253 days.

Summer Infant, Inc. is a designer, marketer, and distributor of branded juvenile health, safety and wellness products, which are sold principally to large North American and United Kingdom retailers. The Company has more than 80 products in various product categories, including nursery audio/video monitors, safety gates, durable bath products, bed rails, related health and safety products, booster and potty seats, bouncers and a product line of soft goods/bedding. Its products are sold primarily to United States retailers including Babies R Us, Target, KMart, Buy Buy Baby, Meijer, Baby Depot (Burlington Coat Factory) and Wal-Mart. The Company maintains through Summer Infant Europe, Limited (SIE) a sales, marketing and distribution office in England, which services the United Kingdom and other parts of Europe. On July 17, 2009, Summer Infant, Inc. completed the acquisition of Butterfly Living (Butterfly), a manufacturer of infant cribs headquartered in Pennsylvania.

Advising private clients is a long-term and relationship-guided process. The Financial Advisors at Wunderlich Securities recognize that serving individuals and families requires an understanding of their individual goals and needs. Our approach involves a cycle of service. Wunderlich's Financial Advisors work with each client to design, implement and monitor a plan that serves the client's needs. We utilize a variety of high-quality investments including stocks, bonds, mutual funds, options and annuities to build diversified and balanced portfolios.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/4/2015 3:25 PM Buy
2.99 5.50
as of 8/27/2015
1 Week down  -12.23 %
1 Month down  -26.33 %
3 Months down  -34.52 %
1 YTD down  -44.81 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/17/2014 8:25 AM Buy
2.78 4.50

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