UPDATE: Monness Crespi Initiates Coverage on Quiksilver on Potential for Meaningful Margin Improvement

In a report published Monday, Monness Crespi Hardt analyst Jim Chartier initiated coverage on Quiksilver (NYSE: ZQK ) with a Buy rating and $11.00 price target. In the report, Monness Crespi Hardt noted, “We are initiating coverage of Quiksilver, Inc. (ZQK) with a Buy rating and $11 price target. We