Gabelli Maintains Buy on A. Schulman

Gabelli is out with its report today on A. Schulman (NASDAQ: SHLM), maintaining Buy.

In a note to clients, Gabelli writes, "While we are maintaining our 'buy' rating for long-term investors, we believe that today the stock could be under pressure; it closed yesterday at $25.92 up $0.41, or 1.6%. Our PMV for fiscal 2012 is $39."

Shares of SHLM closed Wednesday at $25.92.