Vancouver, British Columbia, December 21, 2006-- Canaccord Adams has initiated coverage on Interface Inc.with a buy rating and $22 price target.
Analyst Eric Glover said, "As “green building” trends continue to gain momentum among architects, interior designers, and consumers concerned about the environmental impact of products and materials used in construction and refurbishment, Interface sets itself apart from its competitors with its commitment to achieving profitable sustainability, in our view. Indeed, our research suggests that Interface has captured leading “mind share” among architects and designers committed to environmentally friendly building practices."
