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Enter Symbol:
 
Actuant Corporation (ATU) [hlAlert]

Rating:
Neutral ATU

Actuant Corporation (ATU) rated Neutral by JP Morgan

Posted on: Thursday,  Jul 23, 2009  8:25 AM ET by JP Morgan

Actuant Corporation (NYSE:
ATU) rated Neutral by JP Morgan.

Actuant Corporation (Actuant) is a manufacturer of a range of industrial products and systems. Actuant is organized into four business segments: Industrial, Energy, Electrical and Engineered Solutions. The Industrial segment is involved in the design, manufacture, and distribution of hydraulic tools to the maintenance, industrial, infrastructure and production automation markets. The Energy segment provides joint integrity products and services, as well as umbilical, rope and cable solutions to the global oil and gas, power generation and energy markets. The Electrical segment is primarily involved in the designing, manufacturing and distribution of a range of electrical products to the retail do it yourself (DIY), wholesale, original equipment manufacturer, utility and harsh environment markets. The Engineered Solutions segment provides engineered position and motion control systems to OEMs in various vehicle markets, as well as a variety of other industrial products.

JPMorgan is a leading financial services firm with one of the largest client franchises in the world. We partner with our clients to offer the most complete and innovative solutions in the industry to help them achieve their goals. For more than 200 years, we have taken a long-term approach to our clients and to the way we conduct business. Our firm has grown considerably in scale and scope, but our commitment to our core principle of doing "only first-class business... in a first-class way" has never been stronger.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/23/2009 8:25 AM Hold
None
12.45
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   

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