Wall St. Watchdog reveals information about companies for which stock analysts initiated coverage in the Industrial Goods sector for the week ending December 23rd, 2011.

Regal-Beloit (NYSE:RBC): JMP Securities initiated coverage of this company with a rating of Mkt Outperform and a price target of $64 on Dec 21st. The shares recently traded at $51.04, up $1.14, or 2.28% since the analyst’s rating. About the company: Regal-Beloit Corporation manufactures a line of mechanical products that control motion and torque and electrical products such as motors and generators. The Company’s products include gearboxes, automotive transmissions, rotary cutting tools, electric motors, and electric generators. Regal-Beloit sells its products to distributors, original equipment manufacturers, and end users. Get the most recent company news and stock data here >>

Capstone Turbine (NASDAQ:CPST): JMP Securities initiated coverage of this company with a rating of Mkt Outperform and a price target of $2 on Dec 21st. The shares recently traded at $1.20, up $0.04, or 3.45% since the analyst’s rating. About the company: Capstone Turbine Corporation designs, assembles, and sells Capstone MicroTurbines for worldwide applications in the distributed power generation and hybrid electric vehicle markets. The Capstone MicroTurbine is a low-emissions power generation system that combines a gas turbine-driven high-speed generator with power electronics. Get the most recent company news and stock data here >>

A.O. Smith (NYSE:AOS): JMP Securities initiated coverage of this company with a rating of Mkt Perform on Dec 21st. The shares recently traded at $40.74, up $1.18, or 2.98% since the analyst’s rating. About the company: A.O. Smith Corporation manufactures products through its electric motor and water systems technologies segments. The Company’s products include fractional horsepower and hermetic electric motors, and residential and commercial water heaters. Get the most recent company news and stock data here >>

Westport Innovations (NASDAQ:WPRT): JMP Securities initiated coverage of this company with a rating of Mkt Outperform on Dec 21st. The shares recently traded at $32.75, up $1.01, or 3.18% since the analyst’s rating. About the company: Westport Innovations Inc. is commercializing high pressure direct injection (HPDI) combustion technology. This technology allows diesel engines to operate on cleaner-burning gaseous fuels without sacrificing performance or fuel economy. The Company currently has an alliance with Cummins Engine Company Inc. and a development project with Ford Motor Company. Get the most recent company news and stock data here >>

Aixtron (NASDAQ:AIXG): Needham initiated coverage of this company with a rating of Hold on Dec 21st. The shares recently traded at $12.21, up $0.04, or 0.33% since the analyst’s rating. About the company: Aixtron AG engineers and manufactures metal organic chemical vapor deposition (MOCVD) equipment for the semiconductor industry. The Company’s customers use its equipment to produce compound semiconductor layer structures for use in LED, laser, solar cell, transistor, telecommunications, and other applications. Aixtron markets its products worldwide. Get the most recent company news and stock data here >>

(Note: Selected financial data are sourced from Briefing.com via the Wall St. Journal. All data are assumed to be accurate.)

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