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Enter Symbol:
 
Carriage Services, Inc. (CSV) [hlAlert]

Rating:
Neutral CSV

Carriage Services, Inc. (CSV) downgraded to Neutral by Davenport

Posted on: Tuesday,  Mar 4, 2008  1:25 PM ET by Davenport

Carriage Services
(CSV) rated Neutral by Davenport.

Carriage Services, Inc. (Carriage) is a provider of death care services and merchandise in the United States. The Company operates two types of businesses: funeral homes and cemeteries. During the year ended December 31, 2008, the funeral homes segment accounted for approximately 75% of the Company?s total revenue, and cemeteries segment accounted for approximately 25% of its total revenue. The Company provides funeral and cemetery services and products on both an at-need (time of death) and preneed (planned prior to death) basis. As of December 31, 2008, Carriage operated 136 funeral homes in 25 states and 32 cemeteries in 11 states.

In response to the interests of our clients, we have developed a special strength in researching regional stocks, and we analyze one of the largest selections of these companies in our market. Our recommendations are based on painstaking assessments of a company and its industry, a thorough understanding of regional and national trends, visits to the business, and meetings with the management team.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/23/2008 12:25 PM Buy
None
3.51 5.50
as of 12/24/2008
1 Week up  15.78 %
1 Month up  46.66 %
3 Months down  -4.76 %
1 YTD down  -90.39 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/4/2008 1:25 PM Hold
None
7.84

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