Gabelli Has Buy On Minerals Technologies

Gabelli & Co. is out with a research report on Minerals Technologies Inc MTX and it has a Buy rating on shares. In a note to clients, Gabelli & Co. writes, "While 2011 is a pivotal year with anticipated flat results with 2010, we estimate that the long-term potential for MTX is brighter. Joe Muscari, CEO since 2007, spearheaded a multi-year restructuring program, which resulted in a substantial turnaround in 2010; he also focused R&D on “what the company does best.”" Shares of MTX closed at $54.99 on Friday.