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La-z-boy Incorporated (LZB) [hlAlert]

Rating:
Hold LZB

La-z-boy Incorporated (LZB) downgraded to Hold by BB&T Capital Mkts

Posted on: Thursday,  Aug 14, 2008  9:25 AM ET by BB&T Capital Mkts

BB&T Capital Mkts rated Hold La-z-boy Incorporated (NYSE: LZB) on 08/14/2008. Previously BB&T Capital Mkts rated Buy
La-z-boy Incorporated (NYSE: LZB) on 06/02/2008., when the stock price was $6.50. Since then, La-z-boy Incorporated has gained 26.92% of its value until BB&T Capital Mkts rated LZB Buy on 08/14/2008, when the price was $8.25. .

La-Z-Boy Incorporated is a reclining-chair manufacturer and a manufacturer of upholstered furniture. The Company also manufactures and imports casegoods (wood) furniture products for resale in North America. In addition, it has 68 company owned and operated retail stores located in eight markets in the United States. It markets furniture for every room of the home. The Company operates in three segments: the Upholstery Group, the Casegoods Group and the Retail Group. It sells to a number of furniture retailers primarily throughout the United States and Canada. It also sells to consumers through its Company-owned La-Z-Boy Furniture Galleries stores.

BB&T Capital Markets is dedicated to delivering world-class corporate banking, investment banking, and capital markets solutions to commercial clients, corporate clients, and government entities. Our customer focus and team approach, combined with the fast-growing strength and national recognition of BB&T, equip us to build lasting relationships and contribute significantly to the long-term success of each client.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/27/2016 10:25 AM Hold
None
20.59
as of 12/24/2008
1 Week up  13.61 %
1 Month up  80.83 %
3 Months up  79.33 %
1 YTD down  -46.77 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/19/2014 12:00 AM Buy
None
23.51 27.00
10/21/2010 10:25 AM Hold
None
8.29
8/20/2009 10:25 AM Buy
None
8.31
8/14/2008 9:25 AM Hold
None
8.25
6/2/2008 9:25 AM Buy
None
6.50

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