AEPW Rated Buy with $4.50 Price Target
SAN FRANCISCO, CA--(MARKET WIRE)--May 28, 2008 -- Asia Electrical Power International Group, Inc. (OTC BB:AEPW.OB - News) announces that Vanguard Equity Research Corp (VERC), a leading independent equity research firm, has initiated coverage on the company. VERC senior analyst, Michael Anderegg, CFA, issued a Buy rating with a 12-month price target of $4.50 in the comprehensive research report. The complimentary 34 page report is available on VERC's website at www.vanguarderc.com as well as on leading financial portals.