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Analysts at Dougherty & Co initiated coverage on shares of Steel Excel (NASDAQ:ADPT) in a research report issued to clients and investors on Monday, TheFlyOnTheWall.com reports. The firm set a “buy” rating on the stock.

Steel Excel (NASDAQ:ADPT) opened at 25.415 on Monday. Steel Excel has a 1-year low of $24.765 and a 1-year high of $28.36. The stock has a 50-day moving average of $25.85 and a 200-day moving average of $25.85. The company’s market cap is $238.2 million.

ADPT has been the subject of a number of other recent research reports. Analysts at Morgan Stanley initiated coverage on shares of Steel Excel in a research note on Monday. They set an “equal weight” rating on the stock. Separately, analysts at Piper Jaffray initiated coverage on shares of Steel Excel in a research note on Monday. They set an “overweight” rating and a $32.00 price target on the stock. Finally, analysts at Deutsche Bank initiated coverage on shares of Steel Excel in a research note on Monday. They set a “hold” rating and a $28.50 price target on the stock. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of $30.83.

The Fly On The Wall

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