Swisher Hygiene Inc. (NASDAQ: SWSH) downgraded to Neutral with price target $3 by Robert W. Baird
Robert W. Baird downgraded Swisher Hygiene Inc. (NASDAQ: SWSH) to Neutral with
price target $3. Previously Robert W. Baird rated Outperform with price target $7 Swisher Hygiene Inc. (NASDAQ: SWSH) on 06/03/2011, when the stock price was $6.07.
Swisher Hygiene Inc.
provides hygiene and sanitation solutions in North America and internationally. Its solutions include cleaning and sanitizing products and services designed to promote cleanliness and sanitation in commercial and residential environments. The company involves in the sale of consumable products, such as soaps, paper, cleaning chemicals, detergents, and supplies, together with the rental and servicing of dish machines and other equipment for the dispensing of those products; sale and rental of facility service items requiring regular maintenance and cleaning, such as floor mats, mops, and bar towels; provision of manual cleaning services for facilities; and provision of solid waste collection services. It serves customers in a range of end-markets, including foodservice, hospitality, retail, industrial, and healthcare industries. Swisher Hygiene Inc.
offers its services through 69 company owned operations and 10 franchise operations located throughout the United States and Canada; and through 10 master license agreements covering the United Kingdom, Ireland, Portugal, the Netherlands, Singapore, the Philippines, Taiwan, Korea, Hong Kong, Macau, China, and Mexico. The company was founded in 1986 and is headquartered in Charlotte, North Carolina.
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