Zacks Investment Research upgraded shares of LUFKIN INDS (LUFK) from UNDERPERFORM to NEUTRAL on October 02, 2012, with a target price of $55.20.
Lufkin Industries, Inc. designs, manufactures, sells, and services various types of oil field pumping units, power transmission products, foundry castings and highway trailers. Lufkin manufactures four basic types of pumping units: an air-balanced unit, a beam-balanced unit, a crank-balanced unit, and a Mark II Unitorque unit.
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