UPDATE: Brean Murray Carret Lowers Price Target On Met-Pro To $14
According to Brean Murray Carret, Met-Pro (NYSE: MPR) price target is lowered to $14.
Brean Murray Carret said that Met-Pro's 2QFY12 results came in just shy of the expectations on the top and bottom line. “Quarterly results asidem we believe the company's end markets continue to improve as evidenced by the record new order bookings.”
Met-Pro closed yesterday at $9.52.
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