KeyBanc Starts Lawson Products (LAWS) at Overweight

KeyBanc initiated coverage on Lawson Products (NASDAQ: LAWS) with a Overweight rating and a price target of $30.00.

Analyst Ryan Cieslak said, "We believe LAWS’ focus on consumable MRO, private-label products within a service-oriented model supports outsized share gains long term, less cyclical demand, and best-in-class gross margins. In addition, following several years of restructuring, we believe LAWS is in position to accelerate organic growth, presenting a compelling under-covered small-cap distributor with significant earnings growth potential for patient long-term investors."

For an analyst ratings summary and ratings history on Lawson Products click here. For more ratings news on Lawson Products click here.

Shares of Lawson Products closed at $24.12 yesterday.

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