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LORILLARD INC (LO) [hlAlert]

Rating:
Buy LO
up 118.19 %

LORILLARD INC (LO) upgraded to Buy with price target $120 by Davenport

Posted on: Wednesday,  Aug 10, 2011  8:25 AM ET by Davenport

Davenport rated Buy LORILLARD INC (NYSE: LO) on 08/10/2011, when the stock price was $33.22. Since
then, LORILLARD INC has gained 118.20% as of 06/11/2015's recent price of $72.48.
If you would have followed this Davenport's recommendation on LO, you would have gained 118.19% of your investment in 1401 days.

Lorillard, Inc. (Lorillard) is a manufacturer of cigarettes in the United States. The Company?s Newport brand accounted for approximately 93.7% of its sales revenue for the year ended December 31, 2008. In addition to the Newport brand, its product line has five additional brand families marketed under the Kent, True, Maverick, Old Gold and Max brand names. These six brands include 44 different product offerings which vary in price, taste, flavor, length and packaging. In the United States and certain United States possessions and territories, it shipped 37.8 billion cigarettes in 2008.

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
8/10/2011 8:25 AM Buy
None
33.22 39.60
as of 12/30/2011
1 Week up  0.29 %
1 Month up  2.13 %
3 Months up  2.98 %
1 YTD up  36.18 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/6/2011 1:25 PM Hold
None
33.29
3/18/2011 2:25 PM Buy
None
28.14 29.70
2/10/2009 11:25 AM Buy
None
21.31 29.70

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