UPDATE: Jefferies Reiterates Hold on Satcon Technology, Reduces PT to $1.50
Jefferies reiterated its Hold rating on Satcon Technology (NASDAQ: SATC). At the same time, the rating agency reduced its price target on the company's stock from $2 to $1.5. On Tuesday, SATC added 11.72% to its value to finish the day at $1.43.







