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Enter Symbol:
Rating: LZB
Buy $13

KeyBanc Capital Mkts rated La-z-boy Incorporated (NYSE: LZB) to Buy with price target $13

Wednesday,  Apr 6, 2011  8:25 AM ET by Lynn Gilbert

KeyBanc Capital Mkts rated
La-z-boy Incorporated (NYSE: LZB) to Buy with price target $13.

La-Z-Boy Incorporated is a reclining-chair manufacturer and a manufacturer of upholstered furniture. The Company also manufactures and imports casegoods (wood) furniture products for resale in North America. In addition, it has 68 company owned and operated retail stores located in eight markets in the United States. It markets furniture for every room of the home. The Company operates in three segments: the Upholstery Group, the Casegoods Group and the Retail Group. It sells to a number of furniture retailers primarily throughout the United States and Canada. It also sells to consumers through its Company-owned La-Z-Boy Furniture Galleries stores.

KeyBanc Capital Mkts is one of the nation's largest bank-based financial services companies, with assets of approximately $89 billion. Key companies provide investment management, retail and commercial banking, consumer finance, and investment banking products and services to individuals and companies throughout the United States and, for certain businesses, internationally. The company's businesses deliver their products and services through branches and offices.



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