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Enter Symbol:
 
Smith (a.o.) Corporation (AOS) [hlAlert]

Rating:
Neutral AOS

Smith (a.o.) Corporation (AOS) rated Neutral with price target $28 by Next Generation

Posted on: Tuesday,  Mar 31, 2009  10:25 AM ET by Next Generation

A.O. Smith (AOS) rated
Neutral with price target $28 by Next Generation.

A. O. Smith Corporation is a manufacturer of water heating equipment and electric motors, serving a diverse mix of residential, commercial and industrial end markets principally in the United States. The Company's business is organized in two operating segments: Water Products and Electrical Products. The Water Products business manufactures and markets a line of residential gas and electric water heaters, standard and specialty commercial water heating equipment, copper-tube boilers and water systems tanks. The Electrical Products business manufactures and markets a line of hermetic motors, fractional horsepower alternating current (AC) and direct current (DC) motors. During the year ended December 31, 2008, 63% of the Company?s net sales were attributable to its Water Products business and 37% attributable to its Electrical Products business. In April 2009, the Company acquired Smith Investment Co.

Next Generation Equity Research, LLC is an equity research boutique focused on the needs of the institutional investor. Our mission is to provide unbiased, idea-driven research on small to mid cap-sized companies.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/31/2009 10:25 AM Hold
None
8.49 9.52
as of 12/24/2008
1 Week   
1 Month   
3 Months   
1 YTD up  25.66 %

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