Market Currents
Lufkin Industries (LUFK +3.5%) rallies after Dahlman Rose starts coverage with a Buy and $96 PT....
-
Friday, March 30, 2012, 1:35 PM ETLufkin Industries (LUFK +3.5%) rallies after Dahlman Rose starts coverage with a Buy and $96 PT. The firm thinks price increases for Lufkin's aritifical lift equipment for oil production will drive margin expansion and EPS upside, as well as lead to higher guidance. It also thinks greater operational efficiencies could boost margins.
Other date
Latest Energy & Materials Articles
