Market Overview

Early Bird Capital: Ducommun Reports 4Q11 Earnings

In a research report published earlier today, Early Bird Capital is a buyer of Docummun Inc. (NYSE: DCO) shares based on current weakness following a large charge and reported 4Q11 earnings.

Early Bird Capital commented in the report, “Given the miss relative to the Street and the strong likelihood that consensus estimates will come down, we believe the stock will be down today and would use today's weakness to BUY the stock. We also reiterate our $16 target (5.5x 2013E EV/EBITDA).”

Ducommun closed yesterday at $14.84.

Posted-In: Early Bird CapitalAnalyst Color Reiteration Analyst Ratings

 

Related Articles (DCO)

Around the Web, We're Loving...

Get Benzinga's Newsletters