Energy Recovery (ERII) Shares Move Higher as Wedbush Upgrades to Neutral

March 13, 2012 12:39 PM EDT
Get Alerts ERII Hot Sheet
Price: $7.82 +0.51%

Rating Summary:
    10 Buy, 4 Hold, 1 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 8 | Down: 5 | New: 3
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Shares of Energy Recovery (NASDAQ: ERII) have spiked higher in mid-day trade Tuesday afternoon following an intraday upgrade from Wedbush. The firm now rates the stock a Neutral, up from Underperform previously. The price target was lowered from $2.50 to $2.

Stay tuned for more color on the upgrade.

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


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