UPDATE: Global Hunter Reiterates Neutral on Dresser-Rand, Reduces PT to $45

Symbols: DRC
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Global Hunter reiterated its Neutral rating on Dresser-Rand (NYSE: DRC). At the same time, the rating agency reduced its price target on the company's stock from $51 to $45. On Monday, DRC lost 12.16% of its value to finish the day at $36.77.


 
 
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