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Enter Symbol:
 
Pool Corporation (POOL) [hlAlert]

Rating:
Neutral POOL
down 24.65 %

Pool Corporation (POOL) upgraded to Neutral with price target $21 by Piper Jaffray

Posted on: Monday,  Apr 19, 2010  8:25 AM ET by Piper Jaffray

Piper Jaffray rated Neutral Pool Corporation (NASDAQ: POOL) on 04/19/2010. Previously Piper Jaffray rated Underweight Pool Corporation (NASDAQ: POOL) on 01/06/2010.,
when the stock price was $18.61. Since then, Pool Corporation has gained 32.72% as of 04/19/2010's recent price of $24.70.
If you would have followed the previous Piper Jaffray's recommendation on POOL, you would have lost 24.65% of your investment in 103 days.

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.

At Piper Jaffray, we understand there’s no substitute for relevant and timely research. That's why we provide: * fundamental and technical research * value-added investment ideas * market analysis With the information our research team provides, you’ll make better and more informed decisions for your portfolio.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/19/2010 8:25 AM Hold
None
24.70 21.00
as of 12/31/2010
1 Week   
1 Month   
3 Months   
1 YTD down  -32.72 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/6/2010 8:25 AM Sell
None
18.61

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