Capstone Green Energy Corp (fka CGRNQ)

[CaptWhizbang]

Ardour Capital Lowers Capstone Turbine to Accumulate (CPST)
August 10th, 2012
by Tyrone Williams

Capstone Turbine (NASDAQ: CPST) was downgraded by equities researchers at Ardour Capital from a “buy” rating to an “accumulate” rating in a report issued on Friday. They currently have a $1.50 target price on the stock, down from their previous target price of $2.00.

Capstone Turbine traded down 5.50% on Friday, hitting $1.03. Capstone Turbine has a 52-week low of $0.85 and a 52-week high of $1.53. The company’s market cap is $308.4 million.

Separately, analysts at FBR Capital downgraded shares of Capstone Turbine from an “outperform” rating to a “market perform” rating in a research note to investors on Tuesday, June 19th. They now have a $1.50 price target on the stock, down previously from $2.50.

Capstone Turbine Corporation (Capstone) develops, manufactures, markets and services microturbine technology solutions for use in stationary distributed power generation applications, including cogeneration (combined heat and power (CHP), integrated combined heat and power (ICHP), and combined cooling, heat and power (CCHP)), resource recovery and secure power.

http://www.dailypolitical.com/finance/stock-market/ardour-capital-lowers-capstone-turbine-to-accumulate-cpst.htm