Oppenheimer Maintains Outperform on Barnes Group
Oppenheimer is out with its report today on Barnes Group (NYSE: B), maintaining Outperform.
In its report, Oppenheimer writes, "We see upside potential driven by: 1) improving industrial trends, 2) a recovery in Aerospace aftermarket and 3) sustainable profitability at BDNA. Commercial aerospace OE trends should sustain/improve through 2011, with 2011 still witnessing lingering pushouts of shop visits."
Oppenheimer maintains a $26 PT on B.
Shares of B closed Wednesday at $19.88.







