New "BUY" rating from ZACKS for CTEI $3.28 w/$6.85 target!!! Here is part of the PR: CTEI: Zacks initiates coverage of Cemtrex with a Buy rating Zacks Small Cap Research By Zacks Small Cap Research 27 minutes ago
By Steven Ralston, CFA
OBB:CTEI
Zacks initiates coverage of Cemtrex Inc. (CTEI) with a Buy rating and a target of $6.85. Cemtrex is a diversified industrial equipment company that manufactures a range of engineered products and systems. The company operates two business segments: Electronic Manufacturing Services and Environmental Products & Systems. The Electronic Manufacturing Services (63% of revenues in fiscal 2014) segment is composed of ROB Cemtrex GmbH, which offers contract electronic manufacturing services to original equipment manufacturers (OEMs). The Environmental Products & Systems (37%) sells air filtration and environmental control products through Griffin Filters and designs, assembles and sells emission monitors and systems for measurement of emissions of regulated air pollutants and also markets monitoring and analysis equipment for gas and liquid measurement for the oil & gas industry.
Suggest reading the entire article....very bullish on CTEI!! GL all...tuna
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