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Rodman & Renshaw Initiates Coverage on EnPro at Outperform

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According to Rodman & Renshaw, EnPro Industries (NYSE: NPO) coverage is initiated with an Outperform rating.

Rodman & Renshaw said that it is initiating coverage of EnPro Industries Inc. (NPO: NYSE) with a Market Outperform rating. “Our 12-month price target of $47 equates to 12.5X our 2012 adjusted EPS estimate and offers investors ~50% upside from current levels.”

EnPro Industries closed yesterday at $31.55.

 

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Posted-In: Rodman & RenshawAnalyst Color Initiation Analyst Ratings

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