Wall St. Watchdog reveals information about companies for which stock analysts initiated coverage on October 24th.
- Agilent (NYSE:A): UBS initiated coverage of this company with a rating of Buy and a price target of $43. About the company: Agilent Technologies, Inc. provides core bio-analytical and electronic measurement solutions to the communications, electronics, life sciences and chemical analysis industries. The Company’s operations include electronic measurement, bio-analytical measurement, semiconductor and board testing.
- Lufkin Industries (NASDAQ:LUFK): Global Hunter Securities initiated coverage of this company with a rating of Buy and a price target of $68. About the company: Lufkin Industries, Inc. designs, manufactures, sells, and services oil field pumping units, power transmission products, and foundry castings. The Company sells its products around the world.
- Chemtura (NYSE:CHMT): Oppenheimer initiated coverage of this company with a rating of Perform. About the company: Chemtura Corporation manufactures plastics and other chemicals. The Company produces urethane polymers; plastic additives, including flame retardants; pool and spa products; seed treatment and miticides; and petroleum additives. Chemtura operates worldwide.
(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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