Lufkin (LUFK) Shares Bounce Off Lows as SunTrust Upgrades to Buy, Sets $100 Target
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Price: $88.49 --0%
Rating Summary:
0 Buy, 7 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 10 | Down: 11 | New: 7
Rating Summary:
0 Buy, 7 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 10 | Down: 11 | New: 7
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Shares of Lufkin Industries (NASDAQ: LUFK) are moving higher in early-afternoon trade as an analyst at SunTrust Robinson Humphrey just upgraded the stock from Neutral to Buy. The firm set a new $100 price target on LUFK shares.
Wednesday's intraday upgrade follows Q2 results from Lufkin this morning before the market opened.
After falling as much as 9.5 percent earlier, shares are now down 6.2 percent to $83.01.
For more ratings news on Lufkin Industries click here and for the rating history of Lufkin Industries click here.
Wednesday's intraday upgrade follows Q2 results from Lufkin this morning before the market opened.
After falling as much as 9.5 percent earlier, shares are now down 6.2 percent to $83.01.
For more ratings news on Lufkin Industries click here and for the rating history of Lufkin Industries click here.
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