Wunderlich Puts Buy Rating on BTU International (BTUI, AMAT, SOLR)

Wunderlich Securities put a Buy rating on BTU International's BTUI shares in a research report published today. BTU International is expected to publish its Q1 earnings results on May 3. Wunderlich's analysts believe BTU's results will meet or exceed its previous estimates. Wunderlich set its price target on BTU to $16.00. In the report, Wunderlich also stated the possibility of a takeover of BTU. Wunderlich summed its position by saying: "We believe the exit strategy is a sale of the company to a larger equipment maker. The CEO owns 1.6 million shares of BTUI stock and it would take nearly 100 days of trading were he to attempt to sell it. Potential buyers would, in our opinion, include Applied Materials AMAT and GT Solar SOLR Buy)." BTU's shares surged 4.66% in Friday's trading to end the week at $11.46.