Hudson is out with its report today on EnPro Industries NPO, raising its price target from $45 to $50.
In a note to clients, Hudson writes, "We are maintaining our 2011 EPS estimate of $3.72, and raising our 2012 EPS estimate to $4.38 from $4.20. We are raising our price target to $50 from $45 based on 11.5x our 2012 EPS of $4.38."
Hudson maintains Buy on NPO.
At the time of posting, shares of NPO were trading at $42.00, down 0.17% from Wednesday's close.
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Posted In: Analyst ColorPrice TargetAnalyst RatingsEnPro IndustriesHudsonIndustrial MachineryIndustrials
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