Analyst Says Lumber Liquidators Stock Too High


Analyst Says Lumber Liquidators Stock Too High

New York, NY, Jan. 17, 2013 — Analyst Stifel Nicolaus maintained its “sell” rating on Lumber Liquidators after visiting a brand new store prototype that opened in Richmond, Virginia.

The rating has to do with the price of the stock and fundamentals. Stifel said the new store appears to be a big improvement visually and it offers more display space and a broader product assortment that the old store.

However, Stifel said it’s too early to make assessments about the company’s store of the future.

Join Our Newsletter

Get the latest flooring industry news delivered weekly.