Barclays Says Buy the Dip in Dresser-Rand (DRC) Shares
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Price: $85.18 --0%
Rating Summary:
3 Buy, 11 Hold, 5 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 12 | Down: 15 | New: 40
Rating Summary:
3 Buy, 11 Hold, 5 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 12 | Down: 15 | New: 40
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Shares of Dresser-Rand (NYSE: DRC) are up more than 6 percent Monday afternoon as several analysts got more bullish on the stock this morning.
In addition to an upgrade to Buy from Pritchard Capital this morning, Barclays' James West told investors to take advantage of the company's recent guidance and the resulting sell off to buy some shares. The stock fell nearly 7 percent on Friday following reduced fourth-quarter, FY11 and FY12 guidance.
West maintains and Overweight rating and $73 price target on shares of Dresser Rand.
Track all the market-moving analyst action on shares of Dresser Rand with our Analyst Ratings page.
In addition to an upgrade to Buy from Pritchard Capital this morning, Barclays' James West told investors to take advantage of the company's recent guidance and the resulting sell off to buy some shares. The stock fell nearly 7 percent on Friday following reduced fourth-quarter, FY11 and FY12 guidance.
West maintains and Overweight rating and $73 price target on shares of Dresser Rand.
Track all the market-moving analyst action on shares of Dresser Rand with our Analyst Ratings page.
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