UPDATE: Roth Capital Partners Initiates Coverage on S&W Seed Company on Market Leader Position

In a report published Tuesday, Roth Capital Partners analyst Philip Shen initiated coverage on S&W Seed Company (NASDAQ: SANW) with a Buy rating and $10.00 price target.

In the report, Roth Capital Partners noted, “SANW is a global leader in alfalfa seed, the fourth largest row crop in the world by acreage, and a crop critical to the beef and dairy industries. In our view, the company is poised to generate both revenue growth and margin expansion as it integrates two recent acquisitions and unlocks value by expanding product offerings. As a result, we initiate with a Buy and a $10 PT.”

S&W Seed Company closed on Monday at $4.86.