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Enter Symbol:
 
Pool Corporation (POOL) [hlAlert]

Rating:
Equal-weight
POOL

Pool Corporation (POOL) rated Equal-weight with price target $25 by Lehman Brothers

Posted on: Friday,  Feb 22, 2008  8:25 AM ET by Lehman Brothers

SCP Pool (POOL) rated
Equal-weight with price target $25 by Lehman Brothers.

Pool Corporation (POOL) is a wholesale distributor of swimming pool supplies, equipment and related leisure products. As of December 31, 2008, the Company operated 288 sales centers in North America and Europe. POOL serves approximately 70,000 customers, none of which account for more than 1% of its sales. The Company primarily serves five types of customers: swimming pool remodelers and builders; retail swimming pool stores; swimming pool repair and service businesses; landscape construction and maintenance contractors, and golf courses. POOL conducts its operations through 288 sales centers in North America and Europe. Its primary markets, which have concentration of swimming pools, are California, Florida, Texas and Arizona, representing approximately 55% of the Company?s net sales during the year ended December 31, 2008.

Lehman Brothers Holdings Inc. has filed for bankruptcy protection in the U.S.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/22/2008 8:25 AM Hold
None
19.24 25.00
as of 12/24/2008
1 Week up  6.10 %
1 Month up  25.12 %
3 Months up  6.97 %
1 YTD down  -5.23 %

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