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.