Gabelli Has Buy On Minerals Technologies
Gabelli & Co. is out with a research report on Minerals Technologies Inc (NYSE: MTX) and it has a Buy rating on shares.
In a note to clients, Gabelli & Co. writes, "While 2011 is a pivotal year with anticipated flat results with 2010, we estimate that the long-term potential for MTX is brighter. Joe Muscari, CEO since 2007, spearheaded a multi-year restructuring program, which resulted in a substantial turnaround in 2010; he also focused R&D on “what the company does best.”"
Shares of MTX closed at $54.99 on Friday.
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