C.L. King
C.L. King & Associates is a 100% woman-owned investment bank and broker-dealer based in Albany, New York, with a major New York City presence. Founded as a value-oriented equity research boutique, it publishes research on small- and mid-cap companies.
Activity24M
RatingsPrice targetsKey figures
- Stocks covered
- 412M
- Actions
- 512M
- Ratings / Price targets
- 0 / 5
- Median upside
- +9.9%
- Targets raised / lowered
- 0 / 2
- On record
- Sep 2012 – Sep 2026
Overview
C.L. King's research department focuses on overlooked and underfollowed small- and mid-cap stocks in select sectors; coverage has included consumer and restaurant companies, communications and technology, and healthcare and medical devices. In 2023 Director of Equity Research David Silver said he planned selective additions of seasoned analysts with differentiated, independent viewpoints.
Candace King Weir founded the firm in Albany in 1972 as an equity research boutique for institutional investors, and it has been 100% women-owned since its founding. It began managing money for high-net-worth clients in 1984, and Weir founded the separate Paradigm Capital Management in 1994. The firm has since grown into a full-service investment bank and broker-dealer active in equity and fixed income underwriting, sales and trading.
Milestones
- 1972
Founded in Albany by Candace King Weir
- 1984
Began managing money for high-net-worth clients
- 1994
Weir founded Paradigm Capital Management
Firm facts
- Legal name
- C. L. King & Associates, Inc.
- Type
- Boutique
- Founded
- 1972
- Headquarters
- Albany, United States
- Founder and President
- Candace King Weir
- Also filed as
- CL King
- Website
- clking.com
Research philosophy
Our analysts focus on crafting quality investment ideas and offering incremental and differentiated insight while applying a fundamental value-oriented approach to their research.
C.L. King has historically used fundamental, value-oriented analysis to identify investments for institutional clients. In 2008, it described its approach with the motto "Discover the Uncovered". Analysts often examined "special situations" involving companies whose shares might be mispriced, misunderstood or overlooked. The stated aim was strong absolute returns with limited downside risk.
Coverage12M
Sectors
Most covered24M
| Stock | Rating | Target |
|---|---|---|
 IPG Photonics CorporationIPGP | Buy | $76 |
 Restaurant Brands International Inc.QSR | — | $80 |
 Ribbon Communications Inc.RBBN | — | $3.30 |
 United Natural Foods, Inc.UNFI | Buy | $33 |
 Boston Scientific CorporationBSX | Neutral | $90 |
 Ciena CorporationCIEN | — | $347 |
 Dine Brands Global, Inc.DIN | Neutral | $84 |
 Elicio Therapeutics, Inc.ELTX | — | $17 |
 Chart Industries, Inc.GTLS | Buy | $168 |
 The Hain Celestial Group, Inc.HAIN | Neutral | — |
Most active analysts
- Dave King3 notesRBBNCIEN
- Thomas Hayes2 notesGTLSVMI
- Kristen Stewart1 notesBSX
- Andrew Wolf1 notesUNFI
- Michael King1 notesELTX
- David Silver1 notesRHI
Recent actions
| Date | Stock | Rating action | Rating | Target | Analyst |
|---|---|---|---|---|---|
| Sep 4 | Ciena CorporationCIEN | Target | $347 | Dave King | |
| Aug 10 | Restaurant Brands International Inc.QSR | Target | $81 →$80 | ||
| Jul 29 | Ribbon Communications Inc.RBBN | Target | $6 →$3.30 | Dave King | |
| May 7 | Restaurant Brands International Inc.QSR | Target | $81 | ||
| Mar 9 | Elicio Therapeutics, Inc.ELTX | Target | $17 | Michael King | |
| May 8, 2025 | The Hain Celestial Group, Inc.HAIN | Downgrade | Buy →Neutral | ||
| Mar 24, 2025 | PHPHINIA Inc.PHIN | Target | $54 | ||
| Mar 18, 2025 | IPG Photonics CorporationIPGP | Upgrade | Neutral →Buy | $76 | |
| Mar 17, 2025 |  nVent Electric plcNVT | Upgrade | Neutral →Buy | ||
| Mar 12, 2025 | United Natural Foods, Inc.UNFI | Upgrade | Neutral →Buy | $33 | Andrew Wolf |