J.P. Morgan Reiterates Overweight Rating And PT On Minerals Technologies (MTX)

J.P. Morgan reiterated its Overweight rating on Minerals Technologies MTX and left its target price unchanged at $74 in a research report published today. In the report, J.P. Morgan also changed its earnings per share estimates. For this year, J.P. Morgan has lowered its estimate from $3.80 to $3.75, while at the same time increasing the 2012 estimate from $4.20 to $4.25. Minerals Technologies' shares closed at $68 last week.