B. Riley Starts EMCORE (EMKR) at Buy, Sets $8.30 Price Target

May 10, 2012 11:32 AM EDT
Get Alerts EMKR Hot Sheet
Price: $3.10 --0%

Rating Summary:
    5 Buy, 3 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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B. Riley's David Kang initiated coverage on shares of EMCORE (NASDAQ: EMKR) with a Buy rating and an $8.30 price target Thursday morning.

EMCORE shares are up nearly 3 percent to $4.48 at last check. Kang's new price target represents potential upside of about 85 percent from where the stock is currently trading.

For an analyst ratings summary and ratings history on EMCORE click here. For more ratings news on EMCORE click here.


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