Canaccord Lifts PT on Central Garden & Pet Company (CENT) to $50 From $45

Central Garden & Pet Company (NASDAQ:CENT) is one of the best small cap low volatility stocks to invest in. On August 7, Canaccord raised the firm’s price target on Central Garden & Pet Company (NASDAQ:CENT) to $50 from $45, keeping a Buy rating on the shares.

The firm told investors that Central Garden & Pet Company (NASDAQ:CENT) reported mixed Q3 results.

However, it reasoned that profitability was considerably higher than expected, with Central Garden & Pet Company (NASDAQ:CENT) raising its guidance after stating that the quarter is tracking above expectations.

Central Garden & Pet Company (NASDAQ:CENT) engages in the garden and pet industries in the US, with its operations divided into two segments: Pet and Garden.

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Disclosure: None. This article is originally published at Insider Monkey.