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Perry Ellis International Inc. (PERY) [hlAlert]

Rating:
Buy PERY
up 67.19 %

Perry Ellis International Inc. (PERY) rated Buy with price target $18 by Needham

Posted on: Friday,  Nov 18, 2011  8:25 AM ET by Needham

Needham rated Buy Perry Ellis International Inc. (NASDAQ: PERY) on 11/18/2011. Previously Needham rated Buy Perry Ellis International Inc. (NASDAQ: PERY) on
11/24/2009., when the stock price was $14.45. Since then, Perry Ellis International Inc. has gained 67.20% as of 09/18/2015's recent price of $24.16.
If you would have followed the previous Needham's recommendation on PERY, you would have gained 67.19% of your investment in 2124 days.

Perry Ellis International, Inc. (Perry Ellis) is an apparel company in the United States. The Company designs, sources, markets and licenses its products nationally and internationally at multiple price points and across all levels of retail distribution in over 15,000 selling doors. Its portfolio of brands includes the Perry Ellis family of brands, Axis, Tricots St. Raphael, Jantzen, John Henry, Cubavera, the Havanera Co., Natural Issue, Munsingwear, Grand Slam, Original Penguin by Munsingwear (Original Penguin), Mondo di Marco, Redsand, Pro Player, Manhattan, Axist, Savane, Farah, Gotcha, Girl Star, MCD, Laundry by Shelli Segal and C&C California. It also licenses the Nike brand for swimwear and swimwear accessories; licenses the JAG brand for men?s and women?s swimwear and cover-ups; licenses the Callaway Golf brand for golf apparel; licenses the PGA TOUR brand, including Champions Tour, for golf apparel; licensee for PING golf apparel, and is a licensee for Dockers outerwear.

Needham & Company, LLC focuses on emerging growth companies in technology, biotechnology and life sciences. The firm's research goal is to service the needs of growth-oriented institutional clients. Needham & Company has established itself as a premier specialty investment bank providing timely and valuable analysis on companies that are under-covered by the majority of Wall Street firms.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/18/2011 8:25 AM Buy
None
13.77 18.00
as of 12/30/2011
1 Week down  -0.21 %
1 Month down  -0.55 %
3 Months down  -24.36 %
1 YTD down  -48.23 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/24/2009 8:25 AM Buy
None
14.45 17.00

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