Piper Jaffray Introduces 2012 Estimates On Satcon Technology
By BenzingaStaffL
January 03, 2011 9:01 AM
January 03, 2011 9:01 AM
Piper Jaffray is rolling out its 2012 estimates on Satcon Technology Corporation (NASDAQ: SATC) with an Overweight and a $6.75 price target based on 10-year DCF.
Some of the risks to achieving that PT, Piper Jaffray said, include slowdown in North American solar installations; increased competition in the utility inverter market; and failure to maintain margins.
Satcon Technology closed Friday at $4.50.
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