Six Firms Start Coverage on Skullcandy (SKUL), All Bullish

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August 29, 2011 7:35 AM EDT
Get Alerts SKUL Hot Sheet
Price: $6.35 --0%

Rating Summary:
    5 Buy, 8 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 15 | Down: 7 | New: 41
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A number of analyst firms are initiating coverage on recent IPO Skullcandy (Nasdaq: SKUL) Monday morning.

So far, everyone seems to be bullish:
  • BofA - Buy, $22 price target
  • Morgan Stanley - Overweight, $20 price target
  • Piper Jaffray - Overweight, $25 price target
  • Jefferies - Buy, $22 price target
  • KeyBanc - Buy, $20 price target
  • Raymond James - Strong Buy, $20 price target
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Piper Jaffray, KeyBanc, Raymond James, Morgan Stanley, Jefferies & Co