Several Analyst rating notes this morning. Hat tip to Street Insider for the analyst commentary.
Soleil Securities maintains Hold on SunPower (SPWRA) and has price target of $21. “Cutting 2010 estimate from $1.50 to $1.30 per share (consensus is $1.45 per share). Introducing below consensus estimate for 2011 ($1.65 per share vs. $2.07 consensus).”
Merriman Curhan Ford reiterates Buy rating on Power One (PWER). “Our recent meeting with senior management continues to reaffirm … Read the rest
Calgon Carbon (CCC) announced a total of $34 million in new contracts this morning from 3 electric power companies and one cement plant to reduce their mercury emissions with the use of Calgon’s FLUEPAC activated carbon system. The contract range from 1 – 5 yrs and can be extended beyond the initial terms.
Calgon said in the press release that it expects the EPA to finalize regulations this year requiring the cement industry to control … Read the rest
According to StreetInsider.com, Brean Murray maintains its Buy rating on Calgon Carbon (CCC) but is lowering the price target from 24 to 20.
“Calgon Carbon reported 3Q08 results that were below our estimates. Sales in the quarter of $99.1 million were up 16.7% YoY, but slightly missed our estimate of $102.6 million. Strong sales in the Activated Carbon and Service (up 17.8% YoY) segment drove the growth. An increase of equipment sales of 26% … Read the rest