MKM Partners ups Gardner Denver (GDI -0.4%) to Buy ahead of it's pending update on private...

|About: Gardner Denver Inc. (GDI)|By:, SA News Editor

MKM Partners ups Gardner Denver (GDI -0.4%) to Buy ahead of it's pending update on private equity bidding results. The firm says an improving macro environment, positive 4Q pre-announcement and signs of stabilization in pressure pumping point to an upside. Additionally, with improving fundamentals and recent stock price strength of GDI’s peers, the Board may look for more than the rumored $75 - $80 per share offer.