Brean Murray Carret Reiterates Buy Rating On Tri-Tech Holding

by BenzingaStaffB, Benzinga Staff Writer
May 17, 2011 9:11 AM | 17 seconds read |
According to Brean Murray Carret, Tri-Tech Holding TRIT Buy rating is reiterated. Brean Murray Carret said that Tri-Tech Holding reported 1Q11 results that exceeded expectations. “Revenue of $17.5M was almost twice the $9.6M forecast, as revenue recognition from the Ordos project materialized more quickly than anticipated.” Tri-Tech Holding closed yesterday at $9.97.
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Posted In: Analyst ColorAnalyst RatingsBrean Murray Carret & CompanyTri-Tech Holding
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