Bloomberg Anywhere Remote Login Bloomberg Terminal Request a Demo

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Markets & Finance

First Albany Ups Capstone Turbine Recommendation


First Albany raised its recommendation on Capstone Turbine (CPST) to buy from neutral, citing the electrical equipment company's strategic focus.

Analyst Sanjay Shrestha said that channel checks and management/distributor meetings support Capstone Turbine's strategic focus on product reliability, cost reductions, competitive positioning, and enhanced distribution channels. Shrestha said that over the long term, he expects the company to leverage large potential in the distributed generation market, driven by a clear economic value proposition, growing traction in New York City, and incremental benefits from the Energy Bill. Shrestha sees a 55 cent earning per share loss for the fiscal year 2006 (ending March,) and a 40 cent earning per share loss for the fiscal year 2007. His price target is at $6 per share.


LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus