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Enter Symbol:
Rating: SWHC
Sector Perform $23

Smith & Wesson Holding Corporation (NASDAQ: SWHC) downgraded to Sector Perform with price target $23 by RBC Capital Mkts

Wednesday,  Dec 9, 2015  8:25 AM ET by Dave Ficere

RBC Capital Mkts downgraded Smith & Wesson Holding Corporation (NASDAQ: SWHC) to Sector Perform
with price target $23. Previously RBC Capital Mkts rated Outperform with price target $21 Smith & Wesson Holding Corporation (NASDAQ: SWHC) on 06/19/2015, when the stock price was $15.76.

Smith & Wesson Holding Corporation (Smith & Wesson) is a manufacturer of firearms. The Company manufactures a range of pistols, revolvers, tactical rifles, hunting rifles, black powder firearms, handcuffs, and firearm-related products and accessories for sale to a variety of customers, including gun enthusiasts, collectors, hunters, sportsmen, competitive shooters, protection focused individuals, law enforcement and security agencies and officers, and military agencies in the United States and throughout the world. Smith & Wesson is a manufacturer of handguns and handcuffs in the United States, the largest United States exporter of handguns, and a participant in the tactical and hunting rifle markets that it has entered. It manufactures these products at its facilities in Springfield, Massachusetts; Houlton, Maine, and Rochester, New Hampshire. In July 2009, the Company completed the acquisition of Universal Safety Response, Inc.

RBC Capital Markets is an international corporate and investment bank that provides innovative solutions and a focused set of products and services to institutions, corporations, governments and high net worth clients around the world. With nearly 3,700 professional and support staff, we operate out of 75 offices in 15 countries and deliver our products and services through operations in Asia and Australasia, the UK and Europe and in every major North American city.

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