Stifel Nicolaus Initiates Jason Industries At Buy

Stifel Nicolaus initiated coverage on

with a Buy rating. The target price for Jason Industries is set to $9. Jason Industries shares have dropped 28.54% over the past 52 weeks, while the S&P 500 index has surged 9.42% in the same period. Jason Industries' shares fell 3.63% to close at $7.16 yesterday.