Merriman Capital initiated coverage on both Orion Energy (OESX) and Powersecure (POWR) with Buy ratings. OESX which is an efficient lighting/LED play has had a huge run off the bottom in recent weeks, but a bit overdone in the short term. It’s an LED play to keep on the radar.
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STR Holdings (STRI) was initiated with a Buy and $33 price target at Craig Hallum. Shares are up about 1% today and holding up above the 200 day moving average following a mini correction.
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Stifel Nicolaus upgrade Itron (ITRI) from Sell to Hold. Shares up 3% today and continue to breakout from a 4.5 month downtrend.
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