Analysts Suggest Buying SPX Corp, Fluor and Flowserve

Wall St. Watchdog reveals information about companies for which stock analysts reiterated ratings in the Industrial Goods sector for the week ending November 4th, 2011.

  • Flowserve (NYSE:FLS): Stifel Nicolaus reiterated its rating of Buy for this company and changed its price target from $149 to $151 on Oct 31st. The shares recently traded at $98.77, up $6.08, or 6.56% since the analyst’s rating. About the company: Flowserve Corporation designs, manufactures, distributes, and services industrial flow management equipment throughout the world. The Company provides pumps, valves, and mechanical seals primarily for the refinery and pipeline segments of the petroleum, chemical processing, power generation and water treatment industries. Get the most recent company news and stock data here >>
  • Armstrong World Industries (NYSE:AWI): RBC Capital Mkts reiterated its rating of Top Pick for this company and changed its price target from $50 to $52 on Nov 1st. The shares recently traded at $40.09, up $1.44, or 3.73% since the analyst’s rating. About the company: Armstrong World Industries, Inc. designs and manufactures floors, ceilings, and cabinets in the United States and other countries around the world. Get the most recent company news and stock data here >>
  • Triumph Group (NYSE:TGI): RBC Capital Mkts reiterated its rating of Outperform for this company and changed its price target from $63 to $65 on Nov 2nd. The shares recently traded at $57.00, up $1.99, or 3.62% since the analyst’s rating. About the company: Triumph Group, Inc. designs, engineers, manufactures, repairs, overhauls, and distributes aircraft components. These components include mechanical and electromechanical control systems, aircraft and engine accessories, auxiliary power units, avionics, and aircraft instruments. The Company serves commercial airlines, air cargo carriers, and various original equipment manufacturers. Get the most recent company news and stock data here >>
  • Foster Wheeler (NASDAQ:FWLT): UBS reiterated its rating of Buy for this company and changed its price target from $37 to $28. Stifel Nicolaus reiterated its rating of Buy for this company and changed its price target from $40 to $32 on Nov 3rd. The shares recently traded at $20.23, up $0.29, or 1.45% since the analyst’s rating. About the company: Foster Wheeler AG provides design, engineering, construction, manufacturing, project development and management, research, plant operations, and environmental services. The Company serves the petrochemical, petroleum and gas, pharmaceutical, chemical processing, and other industries. Foster Wheeler’s products include fired heaters and steam generating units. Get the most recent company news and stock data here >>
  • Clean Harbors (NYSE:CLH): RBC Capital Mkts reiterated its rating of Top Pick for this company and changed its price target from $66 to $73 on Nov 3rd. The shares recently traded at $57.39, down $0.6, or 1.03% since the analyst’s rating. About the company: Clean Harbors, Inc. provides a variety of environmental remediation and industrial waste management services to customers in the United States and Puerto Rico. The Company’s services include treatment and disposal of hazardous and non-hazardous solid and liquid waste, surface remediation, groundwater restoration, waste packaging, as well as analytical testing and consulting. Get the most recent company news and stock data here >>
  • SPX Corp (NYSE:SPW): Stifel Nicolaus reiterated its rating of Buy for this company and changed its price target from $92 to $80 on Nov 3rd. The shares recently traded at $60.27, up $1, or 1.69% since the analyst’s rating. About the company: SPX Corporation is a global provider of technical products and systems, industrial products and services, service solutions, and vehicle components. The Company designs, manufactures, and markets data networking equipment, fire detection equipment, power transformers, TV and radio broadcast equipment, and a variety of specialty tools, equipment, and services. Get the most recent company news and stock data here >>
  • Fluor (NYSE:FLR): Stifel Nicolaus reiterated its rating of Buy for this company and changed its price target from $77 to $71 on Nov 4th. The shares recently traded at $55.04, up $0.18, or 0.33% since the analyst’s rating. About the company: Fluor Corporation is a professional services company. The Company provides engineering, procurement, construction and maintenance as well as project management services on a global basis. Fluor also provides outsourcing of maintenance services and asset operations, equipment rental and sales, business support services, and other services. 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.)

Advantage: Check out our interactive stock charts, fundamentals, Twitter stream, and more >>

Improve Your 2011 Financial Health: Join the winning team of stock pickers with Wall St. Cheat Sheet’s acclaimed premium newsletter>>