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Central Garden & Pet (CENT)
by Zacks Equity ResearchJune 03, 2011 | Comments : 0 Recommended this article: (0)
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This provides significant upside potential for the company. The company's effective inventory management is also helping it to optimize merchandise levels in accordance with sales trends.
The stock is trading at a discount to the peer group, based on forward earnings estimates. We have a long-term Outperform recommendation on the stock. Our target price of $11.00, 12.4X 2011 EPS, reflects this view.
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