Analysts Initiated Coverage on These 2 Industrial Goods Stocks

Wall St. Watchdog reveals information about companies for which stock analysts initiated coverage in the Industrial Goods sector for the week ending December 9th, 2011.

  • Coleman Cable (NASDAQ:CCIX): Global Hunter Securities initiated coverage of this company with a rating of Accumulate and a price target of $11 on Dec 5th. The shares recently traded at $8.55, up $0.13, or 1.54% since the analyst’s rating. About the company: Coleman Cable Inc. manufactures electrical and electronic wire and cable products. The Company’s products range from coaxial cables used to connect audio and video devices to automotive spark plug wires and battery cables. Get the most recent company news and stock data here >>
  • Chart Indust (NASDAQ:GTLS): Global Hunter Securities initiated coverage of this company with a rating of Accumulate and a price target of $74 on Dec 9th. The shares recently traded at $60.93, down $1.93, or 3.07% since the analyst’s rating. About the company: Chart Industries, Inc. is a global manufacturer of equipment used in the production, storage, and end-use of hydrocarbon and industrial gases. The Company’s products include vacuum-insulated containment vessels, heat exchangers, cold boxes, and other cryogenic components. Get the most recent company news and stock data here >>

(Note: Selected financial data are sourced from Briefing.com via the Wall St. Journal. All data are assumed to be accurate.)

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