According to StreetInsider.com, Rodman & Renshaw is out this morning with an analyst note on Raser Technologies (RZ) and initiating coverage with a Market Perform/Speculative Risk rating.  The highlights:

– company has compelling geothermal resources and relevant technology
– will benefit from renewable energy mandates
– unique modular deployment
– capital intensive nature of the business which needs financing may weigh on the stock in the current environment
– company still fine tuning its financing strategy