Tuesday, December 6, 2011

Enpro (NPO) (NUE) (NVLS) (ITC) (KLAC) (LAVA) Ratings, Price Targets

Enpro Industries Incorporated (NPO), Nucor Co. (NUE), Novellus Systems, Inc. (NVLS), ITC Holdings Corp. (ITC), KLA-Tencor (KLAC) and Magma Design Automation (LAVA) ratings and price targets.

Sterne Agee initiated coverage on Enpro Industries Incorporated (NPO). They placed a “Buy” rating and a price target of $45.00 on the company.

Bank of America (NYSE:BAC) reiterated its “Buy” on Nucor Co. (NUE). They have a price target of $48.00 on the company.

Needham & Company raised its price target on Novellus Systems, Inc. (NVLS) from $37.00 to $40.00. They have a “Buy” rating on the company.

Credit Suisse (NYSE:CS) downgraded ITC Holdings Corp. (ITC) from an
“Outperform” rating to a “Neutral” rating.

Morgan Stanley (NYSE:MS) raised its price target on KLA-Tencor (KLAC) to $55.00.

Needham & Company reiterated its “Buy” rating on Magma Design Automation (LAVA).

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