KeyBanc Initiates Dresser-Rand At Buy

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

with a Buy rating. The target price for Dresser-Rand is set to $80. Dresser-Rand shares have gained 7.17% over the past 52 weeks, while the S&P 500 index has surged 15.85% in the same period. Dresser-Rand's shares fell 0.16% to close at $67.88 yesterday.