Zacks Investment Research upgraded shares of FRANKLIN ELEC (FELE) from NEUTRAL to OUTPERFORM on October 02, 2012, with a target price of $62.90.
Franklin Electric Company is the world's largest manufacturer of submersible electric motors and a leading producer of engineered specialty electric motor products and electronic controls used by original equipment manufacturers around the world, in a wide variety of residential, industrial and municipal applications. The principal application for Franklin's submersible electric motors is for water well pumping systems.
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