Zacks Investment Research upgraded shares of TUMI HLDGS INC (TUMI) from NEUTRAL to OUTPERFORM on January 02, 2013, with a target price of $23.50.
Tumi Holdings Inc. is a global, premium lifestyle brand. The Company's products fall into three major categories: travel, business and accessories. The Travel products category consists of wheeled travel products and soft styles without wheels such as satchels, garment bags, boarding totes and cross-body bags. The Business cases category consists of soft business cases and wheeled business cases, backpacks, messenger bags, day bags and totes. The Accessories category consists of a wide array of lower priced and daily use items such as wallets, card cases, belts, outerwear, sunglasses and eyewear. It distributes its product through multiple channels, including retail, wholesale and e-commerce. Tumi Holdings Inc. is headquartered in South Plainfield, New Jersey.
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