Lake Street analyst Mark Smith upgraded Smith & Wesson Brands to Buy from Hold with a $13 price target After having visited with Smith & Wesson management, employees, and customers last week at the SHOT Show, the firm came away with “more confidence,” telling investors that it continues to be “impressed by the company’s commitment to long-term success rather than managing towards quarters.” The firm adds that the company’s recent new product launches have the potential to boost near-term results.
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