Wunderlich Initiates Smith & Wesson With Buy

Analysts at Wunderlich initiated coverage on shares of Smith & Wesson Holding

with a Buy rating. The target price for Smith & Wesson is set to $13. Smith & Wesson shares have dropped 12.12% over the past 52 weeks, while the S&P 500 index has gained 6.78% in the same period. Smith & Wesson's shares rose 3.46% to close at $9.86 yesterday.