DVI Inc.: Shares of the Irvine firm...

DVI Inc.: Shares of the Irvine firm climbed Tuesday after an analyst initiated coverage of the company with a “buy” rating.

In a report issued Monday after the market closed, Oppenheimer & Co. analyst Ned Davis also projected that DVI would report a profit of 60 cents a share for fiscal 1995 and $1 a share for the following year. DVI, which leases and finances medical equipment, posted earnings of 51 cents a share for its fiscal year ended June 30.

In Tuesday’s trading on the New York Stock Exchange, the company’s shares gained 25 cents to close at $10.25.