UPDATE: Credit Suisse Reinstates Caesarstone with Outperform on Improved Liquidity Post Offering
April 17, 2013 at 09:38 AM EDT
In a report published Wednesday, Credit Suisse analyst Daniel Oppenheim reinstated coverage on Caesarstone Sdot-Yam Ltd. (NASDAQ: CSTE ) with an Outperform rating and $27.00 price target. In the report, Oppenheim noted, “We continue to see CSTE as well positioned to take advantage of the increased penetration of quartz countertops,