Wunderlich Securities Comments On BTU International (BTUI)

Wunderlich Securities provided color on BTU International BTUI in a research report published today. Wunderlich Securities has previously given BTU International a Buy rating and $16 price target. In the report, Wunderlich Securities states, "BTUI International (BTUI) reported 1Q11 results on May 3, after the close, and it exceeded our estimate for revenue and EPS of $25 million and $0.12, respectively, by reporting revenue of $25.4 million and $0.19. New product introductions in 2010 are providing positive year-over-year income comparisons." Shares of BTU International were trading at $9.94 at the time of posting, down 20.10% from Tuesday's market close.