Baird Initiates Dresser-Rand With Neutral
Analysts at Baird initiated coverage on shares of Dresser-Rand Group (NYSE: DRC) with a Neutral rating.
Dresser-Rand shares have dropped 5.25% over the past 52 weeks, while the S&P 500 index has gained 17.39% in the same period.
The target price for Dresser-Rand is set to $66.
Dresser-Rand's shares fell 0.82% to close at $60.30 yesterday.
© 2014 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.