Baird Initiates Dresser-Rand With Neutral

Analysts at Baird initiated coverage on shares of Dresser-Rand Group

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.