Credit Suisse Starts Energy Recovery (ERII) at Outperform

August 14, 2008 9:41 AM EDT

Credit Suisse initiates coverage on Energy Recovery (Nasdaq: ERII) with a Outperform rating and $12 price target.

Energy Recovery, Inc. manufactures and markets seawater desalination products. The company was founded in 1992 and is based in San Leandro, California.


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