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Baldor Electric Company (BEZ) [hlAlert]

Rating:
Buy BEZ
up 77.37 %

Baldor Electric Company (BEZ) rated Buy with price target $42 by BB&T Capital Mkts

Posted on: Tuesday,  Mar 23, 2010  8:25 AM ET by BB&T Capital Mkts

BB&T Capital Mkts rated Buy Baldor Electric Company (NYSE: BEZ) on 03/23/2010, when the stock price was $35.80.
Since then, Baldor Electric Company has gained 77.37% as of 01/27/2011's recent price of $63.50.
If you would have followed this BB&T Capital Mkts's recommendation on BEZ, you would have gained 77.37% of your investment in 310 days.

Baldor Electric Company (Baldor) is a marketer, designer, and manufacturer of industrial electric motors, mechanical power transmission products, drives, and generators, supplying over 9,500 customers in more than 160 industries. The Company?s products are sold to original equipment manufacturers (OEMs) and distributors serving markets in the United States and worldwide. Its products are marketed throughout the United States and in more than 70 foreign countries. On August 29, 2008, Baldor acquired Poulies Maska, Inc. (Maska) of Ste-Claire, Quebec, Canada. Maska is a designer, manufacturer and marketer of sheaves, bushings, couplings and related mechanical power transmission components.

BB&T Capital Markets is dedicated to delivering world-class corporate banking, investment banking, and capital markets solutions to commercial clients, corporate clients, and government entities. Our customer focus and team approach, combined with the fast-growing strength and national recognition of BB&T, equip us to build lasting relationships and contribute significantly to the long-term success of each client.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/23/2010 8:25 AM Buy
None
35.80 42.00
as of 12/31/2010
1 Week up  0.61 %
1 Month up  0.30 %
3 Months up  57.17 %
1 YTD up  77.37 %

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