Dutton Associates Announces Investment Opinion: LESCO, Inc. Neutral Rating Maintained in Update Report by Dutton Associates
29 November 2006 - 6:14AM
Business Wire
Dutton Associates updates its coverage of LESCO, Inc.
(Nasdaq:LSCO), maintaining its Neutral rating. The 9-page report by
Dutton Associates senior analyst Sally H. Wallick, CFA is available
at www.jmdutton.com as well as from First Call, Bloomberg, Zacks,
Reuters, and Knobias and other leading financial portals. LESCO is
the nation's leading manufacturer and distributor of lawn-care and
golf-course products for the professional turf-care industry. The
Company offers the industry's most extensive product line, which it
markets directly in 37 states through a unique distribution system.
Its sales channels, as of October 31, include 332 LESCO Service
Centers, 114 LESCO Stores-On-Wheels, and a 34-member direct sales
team. About Dutton Associates Dutton Associates is one of the
largest independent investment research firms in the U.S. Its 28
senior analysts are primarily CFAs, have expertise in many
industries. Dutton Associates provides continuing analyst coverage
of 140 enrolled companies, and its research, estimates, and ratings
are carried in all the major databases serving institutions and
online investors. The current cost of enrollment in our one-year
continuing research program is US $39,500 prepaid for 4 Research
Reports, typically published quarterly, and requisite Research
Notes. Dutton Associates received $77,000 from the Company for 12
Research Reports with coverage commencing on 3/12/03. The Firm does
not accept any equity compensation. Our principals and analysts are
prohibited from owning or trading in securities of covered
companies. The views expressed in this research report accurately
reflect the analyst's personal views about the subject securities
or issuer. Neither the analyst's compensation nor the compensation
received by us is in any way related to the specific ratings or
views contained in this research report or note. Please read full
disclosures and analyst background at www.jmdutton.com before
investing. Dutton Associates updates its coverage of LESCO, Inc.
(Nasdaq:LSCO), maintaining its Neutral rating. The 9-page report by
Dutton Associates senior analyst Sally H. Wallick, CFA is available
at www.jmdutton.com as well as from First Call, Bloomberg, Zacks,
Reuters, and Knobias and other leading financial portals. LESCO is
the nation's leading manufacturer and distributor of lawn-care and
golf-course products for the professional turf-care industry. The
Company offers the industry's most extensive product line, which it
markets directly in 37 states through a unique distribution system.
Its sales channels, as of October 31, include 332 LESCO Service
Centers, 114 LESCO Stores-On-Wheels, and a 34-member direct sales
team. About Dutton Associates Dutton Associates is one of the
largest independent investment research firms in the U.S. Its 28
senior analysts are primarily CFAs, have expertise in many
industries. Dutton Associates provides continuing analyst coverage
of 140 enrolled companies, and its research, estimates, and ratings
are carried in all the major databases serving institutions and
online investors. The current cost of enrollment in our one-year
continuing research program is US $39,500 prepaid for 4 Research
Reports, typically published quarterly, and requisite Research
Notes. Dutton Associates received $77,000 from the Company for 12
Research Reports with coverage commencing on 3/12/03. The Firm does
not accept any equity compensation. Our principals and analysts are
prohibited from owning or trading in securities of covered
companies. The views expressed in this research report accurately
reflect the analyst's personal views about the subject securities
or issuer. Neither the analyst's compensation nor the compensation
received by us is in any way related to the specific ratings or
views contained in this research report or note. Please read full
disclosures and analyst background at www.jmdutton.com before
investing.
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