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UPDATE: Credit Suisse Initaites Vitamin Shoppe at Outperform on Growth Outlook

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Credit Suisse initiated Vitamin Shoppe (NYSE: VSI) with an Outperform rating and a $75.00 price target.

Credit Suisse noted, "We believe VSI's store and product approach, unique service model, and inventory strategy give it a leg up in the vitamin retail space. We also see several underappreciated growth drivers in (1) a greater branded products focus, (2) increasing ticket and basket size, (3) above average e-commerce growth, and (4) entrance into Canada and smaller market stores."

Vitamin Shoppe closed at $58.60 on Monday.

Latest Ratings for VSI

DateFirmActionFromTo
May 2017Gabelli & Co.DowngradesHold
May 2017Morgan StanleyUpgradesUnderweightEqual-Weight
Jan 2017Goldman SachsDowngradesNeutralSell

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Posted-In: Credit SuisseAnalyst Color Initiation Analyst Ratings

 

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