Piper Jaffray Boosts Price Target on Energy Conversion Devices (ENER) to $58
More News related to ENER
- Energy Conversion Devices (ENER) Appoints Barton as Independent Director
- Energy Conversion Devices Appoints Alan E. Barton as Independent Director
- Bringing Solar to the RNC: City Tour for Solar Educational Exhibit at CivicFest
- Notable Analyst Rating Changes 8/29: CBT, NZ, INCY Upgraded; WBD, ENER, WSM Downgraded
- Pre-Open Movers 8/29: Dell Falls On Earnings/Margin Miss, Magma Design (LAVA) Down on Results/Guidance
Piper Jaffray boosted its price target on Energy Conversion Devices (Nasdaq: ENER) from $32 to $58, maintaining their Buy rating, following strong Q3 results. The firm said ENER had solid execution and growth prospects.
With the stock up 38% on the results, analyst Jesse Pichel said, "After the strong stock move today we anticipate more limited upside until the company can demonstrate continued cost per watt reductions."
Related Categories
Analyst CommentsStocks Mentioned
+1.63Related Entities
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
