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Xerium Technologies pops on upgrade to “buy”

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Shares of Xerium Technologies Inc. (NYSE:XRM) got a bit of a pop today after Citigroup upgraded the manufacturer and supplier of consumable products used in the production of paper to a “buy” from “hold.”

Shares gained 10%, or $0.52, to $5.50 in late day trading. For detailed price information and recent news stories about Xerium Technologies, click XRM