UPDATE: Imperial Capital Reiterates on Black Diamond as Apparel is Off to Promising Start with Significant Growth Ahead

In a report published Friday, Imperial Capital analyst Lee J. Giordano reiterated an In-Line rating on Black Diamond (NASDAQ: BDE ), and raised the price target from $10.00 to $13.00. In the report, Imperial Capital noted, “We are maintaining our In-Line rating and increasing our one-year price target to $13