From Barron's 6-11-07: Hold - Price 37.48 on June 6 by Brean Murray Carret & Co.: The company entered into an unsecured credit agreement for a revolving line of credit for up to $75 million. Bank of America is providing the entire line, with $55 million of credit extended to [the company] and its subsidiaries, with another $20 million provided by an unsecured loan agreement. The company stated the credit lines would be used for general corporate purposes, working capital, capital expenditures and potential acquisitions

From Barron's 6-11-07: Outperform - Price 11.70 on June 5 by Bear Stearns: FLEX will acquire [Solectron] SLR for about $3.6 billion in cash and stock. The combined company will have annual revenue of about $30 billion-plus and 200,000 employees, including 4,000 design engineers. Sony Ericsson will be the only customer above 10% of sales. We view this transaction positively for FLEX and could see [roughly] $2-to-$3 of value creation if its accretion targets are met. Maintaining Outperform and 15 target.

From Barron's 6-11-07: Speculative Buy - Price 13.64 on June 7 by Dutton Associates: Target 16.02. Harbin Electric [recently] announced that...it has commenced shipment of customized motors for use in interior electric-seating applications for autos. Harbin is the sole supplier for this program...The Harbin Electric-built motor is part of a system that offers one-touch powered operation, which completely folds a seat in less than 15 seconds. The [system] also includes an obstacle-detection system that will stop the seat from folding in the event a person or object is in the way.

From Barron's 6-11-07: Neutral - Price 80.87 on June 6 by W. Quillen Securities: We are downgrading McDermott [engineering and construction] to Neutral from Buy, as the stock at 80 nears our prior target of 83. Stock is now at 19 times our forward four-quarter estimates, and 12.1x on (forward) EV/Ebitda [enterprise value/earnings before interest, taxes, depreciation and amortization]...The best case yields a price/earnings ratio on 2008 of 16 times, and the worst case yields a PE on 2008 of 20 times. There are...global political risks that pushed us over the cliff in downgrading, especially with the Russian missile imbroglio.

From Barron's 6-11-07: Market Perform - Price 15.53 on June 7 Sturdivant & Co.: Met-Pro [a global product-recovery/pollution control/fluid-handling firm] is positioned for strong earnings...we believe it will earn 79 cents in FY08 and 85 cents in FY09...driven by solid top-line growth due to strong momentum in end-markets...Gross margin should improve due to an optimization of the supply chain. [And] we expect recent cost-cutting initiatives to improve operating expenses...At this time the attractiveness of owning Met-Pro shares is reduced by the stock's current valuation in relation to its peer group.

From Barron's 6-11-07 Strong Buy - Price 55.19 on June 4 by JMP Research: We are raising our rating on Portfolio Recovery Associates...to Strong Buy, as we believe that the supply and pricing characteristics of the charged-off debt market are improving and that the company remains over-capitalized despite its recently announced $1 special dividend and 1 million share-repurchase program. We believe...the company may be entering another "sweet spot" in which...mid-teens to 20%-plus EPS growth looks achievable. We are raising our 2007 EPS estimate from $3.23 to $3.24 and our 2008 estimate from $3.75 to $3.80...Our 12-month target price is raised from 64 to 66 and equates to roughly 17 times our 2008 estimate, a slight discount to PRA's four-plus-year average forward multiple as a public company.