RedHotStocks

Earnings ignites a very Bullish reversal in Pricesmart.

NASDAQ:PSMT   PriceSmart, Inc.
TODAYS UPGRADE
PriceSmart upgraded to Outperform from Sector Perform at Scotiabank. Scotiabank analyst Rodrigo Echagaray upgraded PriceSmart to Outperform from Sector Perform and lowered its price target to $82 from $86.
Read more at: The Fly

AVERAGE ANALYSTS PRICE TARGET $78.67
AVERAGE ANALYSTS RECOMMENDATION OVERWEIGHT
P/E RATIO 26.31
SHORT INTEREST 4.58%

COMPANY PROFILE
PriceSmart, Inc. engages in the international management and operation of membership warehouse clubs. It operates through the following geographical segments: United States Operations, Central American Operations, Caribbean Operations, and Colombia Operations. The United States Operations covers include distribution centers and corporate offices. The Central America Operations segment f covers Panama, Guatemala, Costa Rica, El Salvador, Honduras, and Nicaragua. The Caribbean Operations segment includes Dominican Republic, Aruba, Barbados, Trinidad, U.S. Virgin Islands, and Jamaica. The company was founded by Sol Price and Robert E. Price in 1994 and is headquartered San Diego, CA.

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