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Gabelli Has Buy on Albany International

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Gabelli & Co. is out with a research report on Albany International Corp (NYSE: AIN) and it has a Buy rating on shares.

In a note to clients, Gabelli & Co. writes, "The Paper Machine Clothing (PMC) segment has been restructured through the recession and is expected to provide stable cash flows going forward. EBIT margin increased to 25% in 2010 vs. 14% in 2007.

Shares of AIN closed at $19.45 yesterday.

 

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Posted-In: Gabelli & Co.Analyst Color Price Target Analyst Ratings

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