Brokerage Analysts Start Covering These 4 Stocks in November

Wall St. Watchdog reveals information about companies for which stock analysts initiated coverage in the Industrial Goods sector for the week ending November 11th, 2011.

  • Robbins & Myers (NYSE:RBN): Stifel Nicolaus initiated coverage of this company with a rating of Buy and a price target of $58 on Nov 9th. The shares recently traded at $47.84, up $3.63, or 8.21% since the analyst’s rating. About the company: Robbins & Myers, Inc. manufactures and markets fluids management products and systems. The Company serves a variety of industries, including the pharmaceutical, oil and gas production, wastewater treatment, food and beverage, and pulp and paper industries. Robbins operates facilities in the United States, Canada, Europe, Brazil, Mexico, Singapore, China, India, and Taiwan. Get the most recent company news and stock data here >>
  • Parker-Hannifin (NYSE:PH): Stifel Nicolaus initiated coverage of this company with a rating of Buy and a price target of $105 on Nov 9th. The shares recently traded at $84.20, up $4, or 4.99% since the analyst’s rating. About the company: Parker Hannifin Corporation manufactures motion control products, including fluid power systems, electromechanical controls, and related components. The Company also produces fluid purification, fluid flow, process instrumentation, air conditioning, refrigeration, and electromagnetic shielding and thermal management products. Get the most recent company news and stock data here >>
  • Dover (NYSE:DOV): Stifel Nicolaus initiated coverage of this company with a rating of Hold on Nov 9th. The shares recently traded at $55.96, up $2.15, or 4% since the analyst’s rating. About the company: Dover Corporation manufactures a variety of specialized industrial products and manufacturing equipment. The Company’s products include Material handling equipment, refuse truck bodies, tank trailers, refrigeration systems, refrigeration display cases, marking and coding systems,sucker rods, drill bit inserts, nozzles, swivels and breakaways, and electronic technology equipment. Get the most recent company news and stock data here >>
  • Colfax (NYSE:CFX): Stifel Nicolaus initiated coverage of this company with a rating of Hold on Nov 9th. The shares recently traded at $27.33, up $0.1, or 0.37% since the analyst’s rating. About the company: Colfax Corporation manufactures a broad range of fluid handling products, including pumps, fluid handling systems and specialty valves. The Company specializes in rotary positive displacement pumps, which include screw pumps, gear pumps and progressive cavity pumps. 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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