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Bucyrus International, Inc. (BUCY) [hlAlert]

Rating:
Overweight
BUCY
up 11.93 %

Bucyrus International, Inc. (BUCY) rated Overweight with price target $83 by Lehman Brothers

Posted on: Monday,  Jul 28, 2008  9:25 AM ET by Lehman Brothers

Lehman Brothers rated Overweight Bucyrus International, Inc. (NASDAQ: BUCY) on 07/28/2008. Previously Lehman Brothers rated Buy Bucyrus International, Inc. (NASDAQ: BUCY) on
11/05/2007., when the stock price was $82.19. Since then, Bucyrus International, Inc. has gained 11.94% as of 07/08/2011's recent price of $92.00.
If you would have followed the previous Lehman Brothers's recommendation on BUCY, you would have gained 11.93% of your investment in 1341 days.

Bucyrus is one of the world's leading manufacturers of large-scale excavation equipment used in surface mining. Bucyrus machines are used throughout the world by customers mining copper, coal, oil sands, iron ore and other minerals. An important part of the company's business consists of aftermarket sales in support of its large installed base of machines which have service lives from 15 to 40 years.

Lehman Brothers Holdings Inc. has filed for bankruptcy protection in the U.S.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/28/2008 9:25 AM Buy
None
68.66 83.00
as of 12/24/2008
1 Week up  4.03 %
1 Month up  27.40 %
3 Months up  22.44 %
1 YTD up  8.69 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/5/2008 8:25 AM Buy
None
131.73 140.00
2/19/2008 10:25 AM Buy
None
100.52 115.00
12/17/2007 12:25 PM Buy
None
86.92 110.00
11/5/2007 11:25 AM Buy
None
82.19 85.00

(*) Stock Price at the time of the recommendation.
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