|
|
Article: Standard Motor with a Good Outlook - Analyst Blog
- Article from:
- Zacks Investment Research - Analyst Blog
- Article date:
- March 7, 2007
- Author:
CopyrightCopyright 2008 Zacks Investment Research. (Hide copyright information)
|
Standard Motor with a Good Outlook - Analyst Blog
Auto-parts manufacturer
Standard Motor
(
SMP
) had, several weeks ago, been upgraded to a Buy rating by Zacks senior automotive analyst Paul Raman, CFA. In his latest research report, he explains why he remains bullish on the company:
ÂStandard Motor Products has reduced costs by $55 million due to the successful integration of the Dana Engine Management business. The company also has strong brand recognition and a less cyclical end-market within the auto and auto parts industry. We believe the stock has further upside potential. Thus we rate shares of SMP a Buy, with a six-month target price of $16.50.
ÂThe company is ...
Related newspaper, magazine, and journal articles:
|
|
Article: Standard Motor Products, Inc. Announces Third ...
PR Newswire;
November 1, 2005 ;
700+ words
... ... FirstCall/ -- Standard Motor Products ... Lawrence Sills, Standard Motor Products ... On the Engine Management side of the ... and Standard Engine Management inventories ... 15, 2005. Standard Motor Products ...
|
|