Zacks Investment Research upgraded shares of MARINE PRODUCTS (MPX) from NEUTRAL to OUTPERFORM on July 26, 2012, with a target price of $6.30.
MARINE PRODUCTS is the third-largest distributor of sterndrive powerboats in the U.S. The company designs, manufactures and distributes premium-branded Chaparral sterndrive pleasure boats and Robalo outboard offshore fishing boats, and continues to diversify its product line through product innovation and strategic acquisition. With premium brands and a solid capital structure, Marine Products Corporation is prepared to capitalize on opportunities to increase its market share and to generate superior financial performance to build long-term shareholder value.
Get all Zacks Research Reports and be alerted to fast-breaking buy and sell opportunities every trading day.
To get a free copy of the research report on MARINE PRODUCTS (MPX),
click here.
For more information about research offerings from Zacks Investment Research, visit
Zacks.com .
Be the first to comment