Beverly Hills 1/5/2010 6:36:58 AM
News / Business

Bucyrus International Shares Are Up After Analyst Upgrade

Finance World News Update by EQUITIES Magazine

After Barclay Capital raised its earnings forecasts and share price target for the mining equipment maker, shares of Bucyrus International soared, raising $5.60, or ten percent, to $61.97 in afternoon trading.

 

In a research note today, a Barclays Capital analyst predicted Bucryus’ revenue in 2010 will meet or surpass last year’s total.

 

About EQUITIES:

 

Since 1951, EQUITIES Magazine has been a leading media company providing business editorial content designed to serve the needs of business leaders, professionals, institutional investors and retail investors. We are focused on business and the business of making money, not on lifestyle subjects. We publish original reporting in print and on our website, as well as select content at www.nasdaq.com. For 28 years we have hosted our own branded investor conferences that connect public company CEO’s with our loyal readers in the investment community.

 

Sign up for a free one-year subscription to EQUITIES Magazine