Market Overview

UPDATE: Loewen Ondaatje McCutcheon Initiates Coverage on CUI Global with Buy Rating, $8 PT

Related CUI
CUI Global (CUI) Down to Strong Sell on Weak Q1 Results
Benzinga's Top Upgrades, Downgrades For May 31, 2017

In a report published Friday, Loewen Ondaatje McCutcheon USA Limited initiated coverage on CUI Global (NASDAQ: CUI) with a Buy rating and $8.00 price target.

Loewen Ondaatje McCutcheon noted, “CUI is today a leading provider of power management components and other electromechanical items for electronic devices. It has built a solid niche in providing high‐quality components at premium pricing for low‐volume or quick‐turn applications. Management expects imminent commercial orders for its GasPT2 intra‐pipeline natural gas quality measurement tool. Large pipeline operators as well as gas turbine manufacturers have been extensively testing the device. We believe the market opportunity could be well over $1 billion worldwide.”

CUI Global closed on Thursday at $5.58.

Latest Ratings for CUI

May 2017Ladenburg ThalmannInitiates Coverage OnBuy
Dec 2015Rodman & RenshawInitiates Coverage onBuy
Jan 2013Loewen, Ondaatje, McCutcheonInitiates Coverage onBuy

View More Analyst Ratings for CUI
View the Latest Analyst Ratings

Posted-In: Loewen Ondaatje McCutcheonAnalyst Color Initiation Analyst Ratings


Related Articles (CUI)

View Comments and Join the Discussion!