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Sidoti & Co Downgrades Lufkin Industries (LUFK) to Neutral

October 19, 2009 12:22 PM EDT
LUFK Hot Sheet
Rating Summary:
    7 Buy, 2 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 16 | Down: 7 | New: 23
Sidoti & Co downgrades Lufkin Industries (Nasdaq: LUFK) to Neutral from Buy. Price target $70.

To see more analyst ratings on LUFK Click Here.

Lufkin Industries, Inc. and its subsidiaries manufacture and sell oil field pumping units and power transmission products worldwide. It operates in two segments, Oil Field and Power Transmission.

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